Mercer

Self-administered trusts used for non-academic university staff are using a 45 basis point spread on discount rate assumptions for different schemes, potentially adding millions to liabilities.

The NAPF's proposed coded of conduct on charges has split the industry reports Rachel Dalton

Schemes using liability-driven investment strategies could have misjudged their swap contract costs for more than four years due to the LIBOR manipulation scandal.

The industry has urged the National Association of Pension Funds to take care when designing its "pounds and pence" charging code to avoid too much focus on low charges.

Mercer has launched a daily funding monitoring service which will allow schemes to check the value of their scheme assets and liabilities daily.

Pension schemes with exposure to LIBOR-related swaps could have lost out as a result of manipulation of the lending rate.

Andrew Short points to the massive consumer potential of India and China

The Pensions Regulator's guidance on defined contribution schemes should have been bolder, the industry warns.

Almost 100 bulk annuity and longevity swap deals worth more than £50m have taken place in the UK since 2007 as part of an international trend, Mercer research says.

Mercer Employee Benefits is to defend itself at the High Court later this year after a hotel group filed a £250,000 claim for breach of contract.