The £2.4bn Lothian Pension Fund is set to implement a revised investment strategy after losing 17% over the fiscal year to March 31.
According to its annual report and accounts for 2008-2009, the scheme also undertook an actuarial valuation which showed a funding level of 85%, with a deficit of £524m. The new strategy will see 35%...
The Pensions and Lifetime Savings Association (PLSA) has revamped the standards for its Pension Quality Mark (PQM) in a bid to raise the quality of single-employer defined contribution schemes.
People approaching retirement are "systematically misjudging" their longevity and undervaluing annuities, the Institute for Fiscal Studies (IFS) says.
Professional Pensions is holding a breakfast briefing on engaging defined contribution (DC) members on 7 February.
Panellists at a PP webinar discuss October's High Court judgment on GMP equalisation, how schemes have responded, what their strategies should be, and how the industry can approach it.