Final salary pension schemes experienced the highest five-day volatility on record, with the biggest single day loss of £27bn on Monday, Aon Consulting says.
The Pension Protection Fund will take over the role of scheme manager for the Financial Assistance Scheme this summer, latest regulations reveal.
BNP Paribas has become the latest financial institution to scale back its pension team.
In the latest of our series of fortnightly interviews with scheme managers, GIOVANNI LEGORANO talks to Royal Mail Pension Trustees chief executive Gerry Degaute about the problems posed by the current economic environment and how they can be addressed...
Sebastian Cheek discusses how an understanding of behavioural finance finance can help to encourage DC members take a more active interest in their pension scheme
The Bank of England has cut interest rates for the sixth consecutive month today, reaching a new record low of just 0.5%.
Listed private equity fund of funds SVG Capital has posted a decline in net assets per share of 64.3%, in what the company's chairman Nicholas Ferguson called "the most difficult period in the company's history".
FRANCE - BNP Paribas has backtracked on a statement made Wednesday by Michel Anastassiades, global chief executive of subsidiary FundQuest, about the state of negotiations over the Fortis acquisition.
FRANCE- BNP Paribas believes Fortis shareholders who blocked its acquisition of the troubled bank have changed their stance and BNP will be able to successfully negotiate a deal by the March 6 deadline.
CONTRACT based defined contribution schemes in the FTSE100 provide excessive investment choice compared with trust based DC alternatives, a Watson Wyatt survey reveals.