UK/US - Conservative pensions spokesman David Willetts has been on a fact-finding trip to the US to learn more about guaranteed pensions.
Willetts met Pension Benefit Guaranty Corporation executive director Steven Kandarian to discuss pension security and insurance.
Willetts said: “Insurance of this sort has some big practical obstacles, such as the high potential cost and the problem of moral hazard.
“But I am keen to investigate the issue to see whether there are ways forward for the UK.”
Fidelity International has created global retirement savings guidelines to help employers and employees understand how much is needed to save for retirement, writes Kim Kaveh.
The Local Authority Pension Fund Forum (LAPFF) has announced the sudden death of its chairman, Ian Greenwood, on Monday (12 November) night at age 68.
Jonathan Stapleton wonders whether we need a thorough review of the principles for institutional investment decision-making