Investment

Pensions minister Steve Webb has urged the European Commission to scrap its Solvency II-style proposals for pensions after official figures estimated they would cost UK schemes £450bn.

UK defined benefit sponsors would have to pump €527bn (£448bn) into schemes to meet funding requirements proposed by the European Commission, says the European Insurance and Occupational Pensions Authority.

Most agree that diversifying funds is beneficial, but where should managers turn? Lynn Strongin-Dodds looks at the alternatives.

Private sector deficits increased last month for the first time this year after slower growth in equities, research from the Pension Protection Fund shows.

Hannah Brenton reports on a US tax exemption to attract infrastructure investment

Jonathan Stapleton questions the role of cap-weighted indices

Shell Contributory Pension Fund’s Paddy Briggs tells consultants what trustees really want

The Metroline London Nothern Pension Scheme and Metroline Pension Scheme have appointed SEI to act as fiduciary manager.

The government has confirmed it will delay plans to force schemes to equalise GMPs while it consults further with the pensions industry on the method for conversion.

Investments in ground rents are "misguided" and risk locking pension schemes into low returns, warns consultant Cardano, amid on-going interest in using the asset class to match liabilities.