Uncategorised

Alternative asset classes in North America are growing in popularity among public pension plans, a new research reveals.

The Budget has increased the lifetime allowance by £50,000 to £1.65m and lifted the annual scheme allowance by £10,000 to £235,000.

Accounting Standards Board proposals to change the discount rate currently used for calculating scheme liabilities are "perverse", Paternoster warns.

Just Retirement sales up

Finland-based Pension Fennia announced its market share in 2007 was up from 10.2pc to 10.6pc, despite a challenging investment market.

Employers should be willing to share some pension risk with employees and members, an industry survey shows.

Hewitt Associates has bought New Bridge Street Consultants in a bid to boost its executive compensation practice.

Applications for clearance have remained consistently high but levels of complexity have increased, The Pensions Regulator says.

Legal & General has made a £62m takeover bid for self-invested personal pension provider Suffolk Life.

Current conditions in the buyout market represent an ideal opportunity for sponsors and trustees to reduce their pension liabilities, Hewitt Associates says.