Investment

EUROPE - The cost of an ageing population in Europe is expected to "dwarf" the impact of the current financial crisis many times over, a European Commission report revealed.

DENMARK/UK - Danish pension fund and administration provider ATP has pulled out of the running for the personal accounts administration contract in the UK, PADA has confirmed.

US - CalPERS will be reviewing the fees paid to third party marketers by its money managers after it learned one manager paid over US$50m to a firm owned by a former board member.

Danish pension fund and administration provider ATP has pulled out of the running for the personal accounts administration contract, PADA has confirmed.

In his opening speech at the National Association of Pension Funds annual conference in Manchester, chairman Chris Hitchen told politicians they should stop blaming pension funds for the crisis.

The cost of an ageing population in Europe is expected to "dwarf" the impact of the current financial crisis many times over, a European Commission report reveals.

The government must review the law to make it easier for employers to talk about pensions, National Association of Pension Funds says.

The Pension Protection Fund admitted three more schemes last month, which will result in a further 1054 people receive compensation.

With defined contribution (DC) rapidly becoming the dominant pensions model across the globe, Richard Lowe assesses whether it really is more desirable than defined benefit (DB)

The evolution of the defined contribution market was the subject of a recent roundtable hosted by DC World editor Helen Morrissey