UK - The Pension Protection Fund (PPF) levy scaling factor has been slammed by Watson Wyatt for potentially costing companies five times more than last year.
The PPF said the reason behind more than doubling the levy to £675m since last year was more extensive information collection and to make up for the shortfall it experienced in 2006. However, Watson Wyatt...
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.