UK - Less than half of companies have moved to reduce their risk rating and levy, while 45% simply did not know what they planned to do about it, a survey by pension consultants Entegria has found.
Pat Wynne, director at Entegria, said the results of the survey on pensions managers showed the annual risk levy for the Pension Protection Fund (PPF) could be a significant burden on companies, but added:...
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.