Investment

The UK and the eurozone will fall back into recession in the next 12 months as countries try to cope with a serious European credit crunch, Schroders says.

The government has said it will not issue CPI-linked gilts in 2012-13, saying the move would not be cost effective and would involve "a number of risks".

Chancellor George Osborne has confirmed the state pension age will reach 67 by 2026.

The Department for Work and Pensions has admitted it is ‘gravely concerned' over proposals to bring the IORP Directive more into line with the Solvency II.

The Pensions Regulator has moved to reassure employers auto-enrolment plans will remain on track after government's announcement enrolment dates will be delayed.

Listen to our latest Pensions Conjecture debate on Global Equities.

The government's delay to the auto-enrolment timetable has been met with dismay from the pensions industry and trade unions.

Auto-enrolment will not work without clear and transparent charges from pension schemes, the National Association of Pension Funds said today.

Rolls-Royce has become the tenth scheme to complete a longevity swap. PP takes a look at the deals so far.

Rolls-Royce and the trustees of its pension fund have agreed a longevity swap to cover around £3bn of liabilities.