UK - As the UK government looks set to follow France's lead and issue 50-year bonds, Investec Asset Management warns the move may be merely a "side-show" for investors.
Chancellor Gordon Brown is expected to announce the UK government will issue 50-year bonds in his 2005 Budget speech tomorrow. Jeremy Toner, fixed income portfolio manager at Investec, said: “While moves...
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.