Investment

In the latest Pensions Conjecture our panellists discussed scheme funding and gilt yields.

The Co-operative Group is set to offer its career average PACE scheme to all workers following a widespread review of its retirement benefits ahead of auto-enrolment.

The Pension Quality Mark has opened up its awards programme to schemes with flat rate charges and contribution charges ahead of auto-enrolment.

Institutional investors are selling gilts at the fastest rate in more than a decade according to Office for National Statistics figures.

Glencore is under pressure to improve the terms of its $30bn offer for Xstrata after the latter proposed new compensation arrangements, and a leading shareholder came out against the deal.

Asset managers must act now to take advantage of prolonged market volatility, a report says, after the study revealed growing investor appetite for more dynamic asset strategies.

Derbyshire County Council Pension Fund has reduced the number of Additional Voluntary Contribution providers it uses from three to one to boost take-up rates.

Moody's Investors Service has downgraded the credit rating on 28 Spanish banks, including Banco Santander, less than a month after cutting the nation's sovereign rating.

Four Capital Partners is set to launch a global equity product aimed at institutional investors looking for lower volatility.

Former Prime Minister Tony Blair said the UK must keep open the option of joining the euro if the current crisis is resolved.