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THE SOUTHERN Electric Pension Scheme has hired Invesco Perpetual to manage a £89m UK equity mandate.

Some self-invested personal pension providers will operate without full compensation because regulators will not be able to complete authorisation before the April deadline, experts warn.

A LACK of investment from pension funds is hampering the growth of private equity funds specialising in sustainable investment, new research says.

Personal accounts will not succeed unless an independent delivery authority is put in place quickly, the Association of British Insurers warns.

THE Scottish National Party has called for an independent assessment of how much scheme wind-up victims are actually owed by the government.

Rising interest rates have pushed down spending and are encouraging people to save more, a survey by Legal & General shows.

Insurers have urged the government to ensure personal accounts do not undermine existing pension provision after providers posted record new business in 2006.

Being an irritant to industry is priceless

Ministers are considering introducing new rules to stop firms offering final salary scheme members cash inducements to give up benefits, PP can reveal.

HERMES Pensions Management is mulling a tie-up with another passive fund manager as part of a review of its index-tracking business, the company says.