Pension fund growth fell below 2% in 2011 for the world's largest 300 pension funds, down from 11% a year earlier, research by Towers Watson says.
Last year's growth was the lowest level since 2003, excluding the -13% in 2008. The value of funds still reached a highest ever value of US$12.7 trillion, the research claimed. Defined benefit schemes...
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.