Investment

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.

The Hutton Report has been welcomed by the industry, which claims it could increase pensions for the low paid, but left unions warning of industrial action.

The government is asking "the entirely wrong questions" on defined contribution regulatory arbitrage, delegates heard.

Sovereign bondholders will be relegated down creditor lists if European policymakers push through plans for a bailout mechanism, Standard & Poor's warns.

Former Tory peer Lord Skidelsky has proposed the creation of a UK investment bank to encourage pension funds to invest in national infrastructure.

Pension funds would rather sell stock than take securities class action because it is too costly and time-consuming, delegates heard.

Schroders saw institutional assets under management increase by 39% to £106.4bn during 2010, driven by strong investment performance and a range of new products.