Investment

UK - Almost one in five pension schemes currently delegate investment decision making to a third-party provider, analysis shows.

Almost one-in-five pension schemes currently delegate investment decision making to a third-party provider, analysis shows.

Sponsors should treat pension schemes as a subsidiary of their business to tackle the mounting burden of closed defined benefit schemes, a report argues.

GLOBAL - The development of longevity as an asset class continues to grow as longevity risk becomes increasingly recognised, experts believe.

The Great Ropemaker Partnership - 50% owned by the BP Pension Fund - is to buy two Central London properties for £132.75m with the intention to boost their values through active management.

HONG KONG - Northern Trust will begin offering index equity portfolio management services from Hong Kong after receiving regulatory approval this week.

A scheme was made to overpay its Pension Protection Fund levy despite all parties in the case acknowledging the figure was based on incorrect information.

Lobby warns that retrospective legislation could ruin development of collective defined contribution

The UK gilt market has already priced in interest rates being held at 0.5% for an extended period, analysts at Deutsche Bank say.

Pensions minister Steve Webb has signalled that the government will revisit the issue of risk-sharing as part of its drive to reinvigorate occupational pensions.