Provisions for the Local Government Pension Scheme's (LGPS) new governance structure will not be in place when the scheme goes live in April 2014, the Department for Communities and Local Government (DCLG) says.
UK CPI inflation has fallen to 2.4% in April, a larger-than-expected drop from the 2.8% figure recorded in March.
Schroders has launched a de-risking service for smaller-sized schemes and focussing on increasing funding level protection.
UK schemes have slashed equity allocations to below 40% in the past year, bringing portfolios more in line with their European counterparts, according to Mercer.
Naomi Rainey on the benefits of diversification
Two out of five contributors think none of the Department for Work and Pensions' preferred options for defined benefit-lite will find favour with employers. Among those who thought some of the ideas might be taken up, the majority thought cash balance...
Legal and General Property (LGP) has agreed to forward fund a £25.7m student accommodation scheme pre-let to the University of the Arts London.
Jack Jones says the regulator has got it right
Hannah Brenton analyses the central bank’s record rate cut and where it might turn next
Pensions minister Steve Webb has created a working group to consider reforming multi-employer defined benefit schemes to help charities struggling with liabilities.