Investment

Investors should move out of BRIC equities and concentrate on the US and non-BRIC emerging markets, warned Neptune Investment Management investment director Chris Taylor.

Schemes are underestimating the risks they are exposed to by up to 20% by basing their assumptions on "normality" and limiting their definition of risk, J.P. Morgan Asset Management says.

Even small schemes should consider hedging longevity risk, Aon Hewitt believes. Managing principal and head of risk settlement Bird warned trustees against being put off by the "perception of price".

The £60,000 contribution notice issued in the Bonas case is an "enormous climb down" by The Pensions Regulator, a lawyer says.

Legal & General Investments has launched an environmental fund aimed at institutional investors to tap into companies providing low carbon technologies.

Trustees should pay greater attention to behavioural biases to make better group decisions, delegates heard.

Onerous pension accounting and regulatory standards could be driving funds to take a shorter-term view on investments, undercutting responsible ownership, delegates heard.

Pension schemes should outsource investment implementation to third-party firms to stop trustees focusing too heavily on manager "beauty parades", a trustee says.

UK pension fund demand for inflation caps in the options market is so low experts say a "catalyst" is needed to level out the market.

The government's decision to revalue pensions by Consumer Prices Index inflation has led to a "scheme rules lottery" for private sector schemes, a lawyer warns.