UK - Life expectancy at age 65 in the UK has reached the highest level ever for both men and women, according to a statement issued by the National Statistics Office.
If mortality rates remained the same as they were in 2003 to 2005, then men aged 65 could now expect to live a further 16.6 years and women a further 19.4 years, claimed the report. The report highlighted...
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.