Investment

IT firm Kalamazoo Reynolds increased membership of its pension scheme to 84% after revamping its offering to focus on face-to-face support.

The National Association of Pension Funds is once more pressuring government to increase issuance of long-dated and index-linked gilts to help schemes better match liabilities.

Updated 12:15: The FTSE suffered triple-digit losses in Tuesday trade after a third explosion rocked Japan's Fukushima nuclear power plant, raising fresh radiation fears and sparking a 1,000-point plunge on the country's Nikkei index.

Nomura predicts the devastating earthquake and tsunami in Japan will cut between 0.5% and 1% off the country's GDP next quarter.

The Department for Work and Pensions must avoid the "bear trap" of setting rigid rules to govern default funds, AllianceBernstein warns.

UK - The Pension Protection Fund will modify how it calculates investment and insolvency risk to ensure a "stable and more predictable" levy for schemes, its chief executive says.

The Pension Protection Fund will modify how it calculates investment and insolvency risk to ensure a "stable and more predictable" levy for schemes, its chief executive says.

Russell Investments' transition management team saw an uptick of 66% in 2010 in transitions involving overlay strategies as investors looked to manage their exposures to new asset allocations.

Gilt markets will escape unscathed from the abolition of compulsory annuitisation due to the small impact the policy change will have on bulk and individual annuity sales, experts forecast.

UK defined contribution schemes should stop focusing on outperforming markets and start building "next generation" schemes designed around delivering retirement incomes, a Nobel prizewinning economist says.