Investment

EUROPE - Belief among credit investors in Europe that the worst market disruption is over has surged over the second quarter, according to research from Fitch Ratings.

I was going to report that the silly season had begun and there was not actually much happening out there apart from the increasingly bizarre pronouncements on how to improve governance from ‘trustee champion' Lord Myners.

Some 71% of defined contribution savers who received a "wake-up pack" from providers six months before retirement better understood their options, Association of British Insurers research shows.

Personal accounts will complement and not replace existing provision, Tim Jones says.

In a new monthly column , PERSONAL ACCOUNTS DELIVERY AUTHORITY chief executive TIM JONES looks at the latest issues surrounding the scheme and updates the industry on the progress made so far

In a recent PMI TV interview, The Pensions Advisory Service chief executive Malcolm McLean explained how TPAS are dealing with the growing concerns of the nation's savers

CANADA - The Canada Pension Plan Investment Board (CPPIB) said it gained over C$11bn (US$10.1bn) in the quarter ending June 30, but assets remain lower than they were last year, the CPPIB said in its quarterly release.

CHILE - Assets in Chilean pension funds grew in the month of July to US$102bn, but remain at a lower level than one year earlier, according to data from Superintendencia de Pensiones, the national pension watchdog.

Balfour Beatty has announced plans to make further cuts to benefits paid under its defined benefit pension scheme in a bid to reduce its deficit.

FTSE100 firms are set to spend more on pension payments for past employees than current staff for the first time over the next year, KPMG research reveals.