LCP

UK/SCANDINAVIA - UK pension funds are lagging behind their Scandinavian counterparts in allocating to alternative asset classes, a consultant says.

UK pension funds are lagging behind their Scandinavian counterparts in allocating to alternative asset classes, a consultant says.

The Pensions Regulator recently issued its covenant assessment guidance. Laura Blows looks at why this advice was necessary, its key points and how it may evolve

Time is running out. That is the message from senior industry figures this week as we edge nearer 6 April 2011 - the government's target implementation date of tax relief restriction.

Senior industry figures are pleading for an early government announcement on pension tax relief restriction rules because "time is running out" for employers to implement changes.

The possible move from Retail Prices Indexation to Consumer Prices Indexation to index private sector pension increases will force schemes to amend de-risking contracts, industry figures say.

Unilever has appointed one of Mercer's top investment consultants to help run its pension scheme.

UK - FTSE100 companies dramatically upped pension contributions last year to a record £17.5bn ($27.8bn), data from Lane Clark & Peacock reveals.

FTSE100 companies dramatically upped pension contributions last year to a record £17.5bn, data from LCP reveals.

The global equity selection process is shifting away from traditional active managers towards a longer-term, unconstrained selection framework, Lane Clark & Peacock says.