Investment

Trustees need to "tell the truth" about the value of their contingent assets, the Pension Protection Fund chairman says.

Defined contribution schemes are conflating the needs of young and old members and must create separate instruments for each group's needs, delegates heard.

Schemes are increasingly looking to "midfield assets" to match liabilities with higher yields, Axa Investment Management says.

Pension funds can lend to businesses and fill the gap left by retreating banks, but will not be treated like "mugs", according to Tesco chief investment officer Steven Daniels.

Government proposals to ease the burden of defined benefit deficits on employers by smoothing assets and liabilities could backfire, warns the National Association of Pension Funds.

Construction firm Balfour Beatty has seen its combined deficit increase by 23% as it consults with members on closing schemes to future accrual.

February's continued boost in equities has seen FTSE350 scheme deficits decrease according to Mercer despite continued negative deficit reports coming from 2012 final year results.

John Lewis is conducting an extensive two-year review into its pension provision after revealing its final salary scheme deficit rose by almost 29% in 2012.

FTSE100 companies are more exposed to social and governance issues than firms in other parts of the world as a result of the index's global reach, according to research from Camradata.

High bond returns since 1980 were not normal and will not be replicated, according to London Business School professor Paul Marsh.