Aviva

Changes to auto-enrolment legislation outlined in the latest Pensions Bill have been cautiously welcomed by the industry.

NETHERLANDS - Aviva Investors has been hired to run a €350m ($454m) global unlisted real estate portfolio for the Stichting Pensioenfonds Medisch Specialisten (SPMS).

A TV advert for Aviva, in which the insurer claims it can provide 20% more income for annuity customers, has been banned by the Advertising Standards Authority.

Society's view of retirement will significantly shift when the government abolishes the default retirement age in April next year, Aviva predicts.

This month the panellists discuss the arbitrage opportunities that come with QE, how insurers will help schemes cope with the switch from RPI to CPI, and their predictions of the effect of lower initial premiums paid on buy-ins

Job-hopping employees could miss out on higher retirement income because most don't know they can combine multiple pension pots at retirement, research says.

This month the panellists discuss the impact of unemployment and reduced spending, the future of the spread between prime and secondary properties, the long-term prospects of UK property, and their views on property debt opportunities

UK - Aviva's decision to close its final salary scheme will benefit the company's net asset value by about £275m ($442.6m), figures show.

Aviva's decision to close its final salary scheme will benefit the company's net asset value by about £275m, figures show.

US - The California Public Employees' Retirement System (CalPERS) has severed ties with Pacific Corporate Group (PCG) as part of an ongoing review of its private equity programme.