Investment

Tanjil Rashid looks at how schemes are preparing for the end of contracting out

Growth in the use of liability-driven investment (LDI) strategies accelerated in 2013, according to the Investment Management Association (IMA).

Standard Life has announced it is closing its defined benefit scheme - currently used by 55% of its employees - to future accrual from April 2016.

The Pension Protection Fund (PPF) will relax the tough stance it intended to take on non-property asset backed contributions (ABCs) after concluding a consultation on changes to its levy, PP understands.

A High Court judge has criticised British Airways (BA) for leaving the trustees of its pension scheme at risk of bearing the defence costs of an ongoing court case.

Saker Nusseibeh believes it is the responsibility of schemes to drive long termism

Most pension schemes say they judge fiduciary providers according to their own investment objectives, rather than an industry benchmark.

LV= has reported a 36% profit drop in its life and pensions business as a result of lower margins since changes to the annuity market were announced in the Budget.

Pension deficits at the country's biggest firms rose in August as schemes continue to suffer the effects of historic low interest rates, research finds.

The European Central Bank (ECB) has cut interest rates that were already close to zero and introduced a stimulus plan in a bid to kick-start the eurozone economy.