The National Association of Pension Funds has urged the government not to damage the UK's savings culture by back peddling on pension reforms.
UK - The National Association of Pension Funds has urged the government not to damage the UK's savings culture by back peddling on pension reforms.
A group of institutional investors has written to all FTSE350 chairmen urging them to reveal more detail about executives' pensions.
UK - A group of institutional investors has written to all FTSE350 chairmen urging them to reveal more detail about executives' pensions.
Two-thirds of schemes say their engagement with companies has become significantly more effective over the past year, National Association of Pension Funds research shows.
UK - Cutting back public sector pensions would lead to an almost immediate £8bn (US$11.45bn) cost to the taxpayer, the Chartered Institute of Public Finance and Accountancy said.
Details of the independent commission charged with reviewing the sustainability of public sector pensions could be revealed as early as Friday, a senior civil servant says.
The Local Government Pension Scheme is currently unaffordable and will wither away unless radical action is taken, delegates heard.
UK - The Local Government Pension Scheme is currently unaffordable and will wither away unless radical action is taken, delegates heard.
The National Association of Pension Funds this week urged the European Parliament to vote down an amendment to a controversial directive that would further hinder its members accessing EU-based alternative funds.