Investment

SCHEMES selecting a conservative investment allocation strategy could take 16 years longer to reach a well funded position, Association of British Insurers research shows.

THE Pension Protection Fund could collect around £160m more than its target of £675m through the buffer built into risk-based levy demands, a consultant claims.

The Pensions Trust was "bitterly disappointed" to discover its Pension Protection Fund levy had risen by £850,000 a year.

ALTERNATIVE assets managed on behalf of pension funds grew by 40pc in 2007, Watson Wyatt research reveals.

THE National Association of Pension Funds has launched a guide to investment in private equity.

THE Universities Superannuation Scheme has increased its alternative asset allocation with a $600m (£300m) investment in US private equity.

The Pension Protection Fund was "completely caught out" by improvements in failure scores when it calculated the risk-based levy scaling factor, consultants say.

BANKS failed to adequately implement risk management systems in the lead up to the credit crunch, delegates at The Actuarial Profession's Finance, Investment and Risk Management Convention heard.

The number of trustees commissioning independent covenant reviews has jumped 10pc in the past year, Mercer says.

INVESTMENT consultancy Jagger and Associates has been appointed to act as investment advisor to the Innovia British pension scheme.