Investment

POLAND - Poland's plan to cut transfers to private pension funds, already delayed by a month, may not be in place until the second half of 2011, posing a threat to the fiscal-deficit goal, Citigroup'S Polish unit said.

There is no single right answer to what makes a good defined contribution default fund strategy, the Investment Management Association says.

Corporate schemes must increase transparency and demand more responsible investing from their asset managers to keep pace with pension funds outside the UK, UKSIF says.

UK - Public sector discount rates should be tied to UK economic growth to reflect future tax revenues needed to fund the scheme, the Pensions Policy Institute says.

Schemes must take action before 31 March if they are to reduce their 2011/12 Pension Protection Fund (PPF) levies, Aon Hewitt urges.

The Baxters Food Group and the trustees of the Baxters Food Group Pension Scheme have appointed Punter Southall as their full service provider.

A dispute over whether defined benefit schemes should have to pay VAT on investment management services has been referred to the European Court of Justice.

F&C is considering whether to launch a fiduciary management service in the UK.

Christine Senior looks at options for rescuing schemes from the jaws of risk

Draft regulations allowing employers to exclude workers above state pension age from group risk insured benefits leave trustees exposed to discrimination actions, experts warn.