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INVESTMENT banks are planning to launch a longevity risk market as early next year, PP can reveal.

PENSIONS have been chancellor Gordon Brown's biggest ever policy failure, the Conservative Party claims.

THE COMBINED FRS17 deficit of the UK's 200 largest defined benefit pension schemes rose by £1bn in October to £52bn, Aon Consulting says.

THE PENSION Protection Fund is set to raise significantly less money than it expected through the risk-based levy as companies get high invoices amended, Watson Wyatt says.

THE GOVERNMENT has formally responded to a report slamming its rejection of parliamentary ombudsman findings.

Confidence on rise

Figures revamp call

PATERNOSTER has appointed F&C Asset Management to carry out its derivative trades.

A Royal Mail share scheme designed to raise funds to help eliminate a £5.6bn pension deficit has been dismissed as "perverse" and "unconvincing" by the government.

FUNDING targets are set to exceed scheme liabilities forcing employers to dig deep to wipe out deficits, says Mercer HR Consulting.