Investment

Jack Jones tracks the rise of online valuation tools

The Bank of England has sharply revised its unemployment forecasts but emphasised this does not mean it is guaranteed to hike rates once the 7% threshold is reached.

A pensioner in the Airways Pension Scheme (APS) has won a default judgment against British Airways (BA) to cover losses after the scheme downgraded inflation protection.

KPMG has launched an online platform that lets trustees and scheme sponsors monitor funding levels and analyse risk in real time.

Engineering firm Babcock International Group has seen a six-month £212m spike in its defined benefit (DB) deficit despite using a higher discount rate, its half year report shows.

Government proposals will leave firefighters retiring before aged 60 due to fitness on just over £9,000 a year, the Fire Bridges Union (FBU) claims.

The consumer (CPI) and retail prices index (RPI) measures of inflation have hit their lowest levels since September 2012, according to the Office for National Statistics (ONS).

Assets under management (AUM) at the world's top 500 managers increased by $5.2trn (£3.2trn) over the course of 2012, research from Towers Watson shows.

FTSE350 companies' defined benefit (DB) scheme deficits increased by £6bn over October to hit £102bn on an IAS19 basis, despite rising asset values, Mercer says.

The London Pension Fund Authority (LPFA) has pooled its cash portfolio with that of the Greater London Authority (GLA), in line with its drive for collaboration in local authorities.