Investment

Scottish Life has removed the Close TEAMs Global Alpha fund from its £55.1m Global Blend Core Plus pension fund after a "sustained period of underperformance".

National Grid has confirmed it is reviewing its two defined benefit pension schemes in an attempt to control the cost of future accrual.

Lloyds Banking Group has taken a £2.1bn hit to its balance sheet after adopting revised accounting standards for its pension scheme 12 months early.

Whitbread has increased the value of its asset-backed funding arrangement with its pension scheme to continue tackling its deficit, its latest results show.

Jack Jones and Taha Lokhandwala explore the possibilities within FM

The Chancellor has intervened in the financial transaction tax row, challenging the proposal in court. Hannah Brenton analyses

Despite growth, pension funds still face a number of challenges, John Redwood says

Eastman Kodak is to hand over part of its business to the trustees of its UK scheme in a deal that will release the company from a $2.8bn (£1.8bn) claim to support the underfunded scheme.

The impact of quantitative easing on pension scheme funding levels is diminishing with every new round of monetary stimulus, JP Morgan Asset Management says.

Hedge funds have become a popular investment tool among investors in their search for a greater yield coupled with increased diversification and downside protection.