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Dutch pension experts question whether the interbank swap yield curve is the best rate to discount liabilities against, as Giovanni Legorano and Raquel Pichardo-Allison report

The Financial Reporting Council has published the first Stewardship Code for institutional investors in a bid to improve their level of engagement with companies.

Jeannie Drake has stepped down as deputy chairman designate of NEST Corporation following her appointment as a Labour Peer.

Government proposals to increase the retirement age and index pension payments to the Consumer Price Index could slice 15% from public sector liabilities, London Pensions Fund Authority chief executive Mike Taylor says.

Threadneedle has launched an actively managed commodities fund.

UK/GLOBAL - Schemes must increase their skills in sustainability governance and publicly disclose how their responsible investment strategies are implemented, a UKSIF report urges.

The European Parliament has postponed the adoption of the Alternative Investment Fund Managers directive after failing to reach an agreement between members at a meeting yesterday.

The summer review of NEST could see the introduction of a minimum number of employees needed to trigger auto-enrolment, Hewitt Associates says.

The government has announced it will undertake an independent review of auto-enrolment.

The collective intake of breath has been almost audible as the pain of public sector belt tightening begins to seep through the economy. Some £6.25bn of initial cuts - £500m of which was reinvested - have been swiftly followed by £2bn in project cancellations....