IRELAND - Pension funds could face fee increases of up to 2400% if The Pensions Board goes ahead with plans to demand higher charges from members to cover higher staffing costs in 2009.
The Irish Association of Pension Funds (IAPF) told its members it had been invited to contribute to a meeting held by the Finance and Audit Committee in early January on the topic. Jerry Moriarty, director...
UK - Government plans to cut a subsidy boosting the appeal of solar panel infrastructure investments could scupper scheme plans to use these investments as part of their liability matching strategies, fund managers say.
UK - Aegon is to close its defined benefit pension scheme to future accrual in March 2013 as part of its restructure and cost saving programme.
UK - The Pension Protection Fund has published its annual report - revealing a surplus of £678m ($1.1bn) at 31 March.
UK - Schemes looking to maximise returns in a low interest rate environment must work closely with investment banks to boost member outcomes, Barclays chief executive Bob Diamond says.
UK -More than 40% of firms have closed or are in the process of closing their defined benefit pension schemes, latest research from Aon Hewitt shows.