
Pension funds warned more rates decline possible after ECB cut
Pension funds have been warned that there is room for interest rates to fall even further after the European Central Bank (ECB) slashed rates in the eurozone.
The ECB cut its benchmark interest rate from 0.25% to 0.15%, and pushed the deposit rate into negative territory at -0.1% yesterday. Punter Southall head of investment consulting Danny Vassiliades...
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Croydon sets up asset-backed funding to reduce pension contributions
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Half of pension scam red flags raised by schemes involves advisers, finds survey
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
Norfolk Pension Fund wins rare US securities fraud class action case
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
Have your say: Should CEOs have to pay into the same staff DB scheme as their workers?
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.