Are successful fund managers highly skilled - or are they just plain lucky? Two recent reports may shed a little light on this question.
A study by University of Chicago academics Steven Levitt – co-author of Freakonomics – and Thomas Miles looks at the role of skill versus luck in poker – a game which is obviously quite completely unrelated...
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.
PP has compiled a list of what to watch out for over the coming months.