UK - A Barings study has revealed 2.3 million Brits - 5% of the UK adult population - have decided to review their pension arrangements in the last 12 months, as a result of falling property prices.
The survey found just 878,000 people in Britain planned to use property to fund all of their retirement, compared with 3.2 million in April last year. Marino Valensise, CIO, Barings, commented: "It's...
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.