Investment

Interest rate hedging jumped 24% in Q2 this year after falls in short-term interest rates and the rising cost of asset swapped index-linked gilts, F&C research shows.

Global markets have slipped back into the red after the Dow Jones posted heavy losses on the opening bell, as fears of a double-dip recession intensify.

European equity markets have rallied following a Federal Reserve announcement on interest rates yesterday.

Professional Pensions is set to publish a Guide to Scheme Investment on September 22.

The £650m Lloyd's Register Superannuation Fund Association is to undertake a wholesale review of its investment strategy and mandates.

Pensioners in capped drawdown face significant drops in retirement income because of falling gilt yields affecting the amount that can be drawn from a fund, Rowanmoor Pensions claims.

The government has proposed changes to pension reform which will give smaller employers more time to prepare for auto-enrolment than previously planned.

The FTSE 100 dipped to a low of 4971.46 at 9:34 this morning, before beginning a period of steady growth through the morning - ending slightly up by 12:30.

Increased longevity figures, as highlighted in a recent Department for Work and Pensions report, will dramatically increase pensioner poverty, MGM Advantage predicts.

European stock markets have given up early gains, which had been triggered by the European Central Bank saying it intended to buy up government debt.