Investment

The Pension Protection Fund has hit back at critics predicting the lifeboat fund's "long and lingering death".

HSBC is planning to launch a range of equity funds for defined contribution schemes which aim to protect members from poor market performance.

The design of defined contribution (DC) plans should be improved to include default investment strategies and guarantees, a working paper released by two international bodies says.

European schemes are increasing their allocation to non-traditional asset classes in a bid to manage their risks more effectively, Mercer says.

The Local Authority Pension Fund Forum has tackled a second company with "poor" compensation practices and corporate governance performance.

The Pensions Regulator has reminded scheme managers and trustees it will implement sanctions against "unacceptable behaviour".

The Pensions Regulator is enabling the option for DB schemes to renegotiate recovery plans to repair scheme deficits, says the regulator in its reviewed Corporate Plan 2009-2012.

A board of trustees must repay more than half a million pounds plus interest after the pensions ombudsman ruled they had breached their investment duties.

The £30bn Universities Superannuation Scheme has described proposals by the Pension Protection Fund to consider investment risk when calculating levies as "a tax on good schemes".

Trustees should approach upcoming funding negotiations with cash-strapped employers more commercially, a consultant claims.