Investment

The Pension Protection Fund is likely to lose a 33% stake in Jessops after the high-street camera retailer entered administration.

The ‘no change' announcement by the Office for National Statistics has added £20bn to FTSE100 deficits as gilt market expectations for inflation increased.

After consulting on options for changing Retail Prices Index, the Office for National Statistics has chosen 'none of the above' and proposed a new index to be published in parallel.

Institutional investment advisory firm bfinance has hired Toby Goodworth as head of risk management.

The Superannuation Arrangements of the Universities of London has banned transfers in from any scheme not in the public sector transfer club.

Companies should consider early adoption of the revised IAS19 as it impacts risk-management strategies, a consultant warns.

The Retail Prices Index should not be brought in line with the Consumer Prices Index, AXA Investment Managers has argued, ahead of a decision by the Office for National Statistics later this week.

Asset-backed funding arrangements became more prevalent in 2012 as a wider variety of companies used a greater array of assets to fund deficits, says KPMG.

Interserve has agreed to transfer a portfolio of 19 private finance initiatives to its scheme to reduce its actuarial deficit from £150m to £95m.

The National Association of Pension Funds has appointed Helen Roberts as its policy lead on investment.