Uncategorised

SWITZERLAND - The Federal Department of Finance (FDF) has called for speedy policy reform to prevent a trebling of the national debt as the baby boomer generation retires.

Scrapping compulsory annuitisation could increase costs and would hit the most vulnerable pensioners hardest, London & Colonial warns.

THE National Pensioners' Convention has called on ministers to raise the basic level of state pension to above the poverty level of £134 a week.

SWITZERLAND - Sustainable Asset Management (SAM) Group, investment advisers to the Sustainable Performance Group (SPG), has announced the launch of CHF denominated sustainability convertible bonds for institutional investors, including pension funds....

SWITZERLAND - The CHF2bn (£989m) PKG has introduced a new strategy, increasing allocations to alternatives and international equities, while cutting back bonds in Swiss francs, according to MandateWire.

UNITE is urging the government to make occupational pension schemes compulsory ahead of the next general elections.

The scaling factor for the Pension Protection Fund risk-based levy has been set at 3.77 for 2008-2009.

More than 700 Tube cleaners are set to be balloted for industrial action over pension provision and other employment conditions, the Rail, Maritime and Transport union says.

A Scottish scheme has received a contract worth £56,000 to help local workers better understand pensions.

The British Heart Foundation has appointed Gissings to provide consultancy advice for its group personal pension plan.