Investment

Taxpayers could be exposed to substantial losses from government guarantees on infrastructure projects designed to attract investors like pension funds, the National Audit Office warns.

HMV's pension scheme is likely to enter Pension Protection Fund assessment despite a scheme apportionment arrangement in 2011, after the company announced its intention to enter administration today.

Controlling funding status volatility has topped trustees' wish lists for 2013, according to an SEI poll.

The National Employment Savings Trust has invited tenders for products to achieve exposure to UK direct and global listed real estate.

Actuaries claim public sector workers will gain from the abolition of contracting out but unions contend it could derail public sector scheme reform.

Representatives from the Nortel Networks UK Pension Plan and the Pension Protection Fund have travelled to Canada in a bid to secure more than $2bn (£1.2bn) from an international mediation.

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.