Investment

The Pension Protection Fund has changed its guidance on certifying contingent assets to increase the value placed on employer guarantees in last man standing schemes.

The Church of England has warned clergy they will "likely" face higher diocesan pension contributions following an increase in the scheme deficit at the latest valuation.

The average FRS17 funding level of university schemes has fallen from 81% to 77% in the year to 31 July 2012, Barnett Waddingham research says.

Liability assumptions have wiped out higher than expected asset returns and a de-risking exercise for the Johnston Press Pension Plan, its final year accounts show.

Royal London has agreed to buy the Co-operative Banking Group's life insurance and asset management businesses in a deal worth up to £219m.

Hannah Brenton looks at the pros and cons

Naomi Rainey looks at the arguments for and against merging local government pension scheme funds

Jonathan Stapleton looks at the implications for asset allocation

International rules designed to bring transparency to the opaque derivatives market could backfire by imposing heavy costs on pension funds and force them to abandon hedging strategies, the industry's trade body warns.

The Chancellor's plans to bring forward the implementation of the single tier state pension from 2017 to 2016 will accelerate the decline of defined benefit schemes, experts warn.