Uncategorised

PLANS to publish a separate White Paper on personal accounts have been labelled "infuriating" by industry experts.

SCHEME liabilities have fallen to their second lowest level in four years in the wake of rising bond yields and favourable investment markets, says Watson Wyatt.

DURHAM County Council Pension Fund is to restructure its entire investment portfolio following a 12-month review of assets and liabilities revealed a £321m blackhole.

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.

STANDARD Life Investments is to expand its defined contribution business in early 2007, the asset manager says.

THE ACCOUNTING Standards Board is set to amend pensions accounting standard FRS17 in a bid to bring it more in line with international conventions.

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

CANADA Life is to launch a transferable annuity to improve flexibility for customers.

TOO MANY global equity funds are "constrained by geography" and are missing out on sources of return, Investec Asset Management says.

LABOUR MP Tony Wright has called for his own government to create a rescue package for scheme wind-up victims.