NAPF

UK - The International Accounting Standards Board (IASB) has confirmed it will no longer allow companies to use the corridor method in their accounting.

This is the first time in I don't know how many years that I have not gone up to Edinburgh for the NAPF conference. And I have to say I am going to miss it.

UK - The National Association of Pension Funds is set to launch a major review into the standards used for accounting for pensions.

The National Association of Pension Funds is set to launch a major review into the standards used for accounting for pensions.

Schemes need to go "back to basics" and re-think investment strategies, delegates heard.

GLOBAL/EUROPE - The Institutional Limited Partners Association (ILPA) has criticised the Alternative Investment Fund Managers (AIFM) directive for reducing European Union institutional investors' access to private equity investments.

Most employees still see a pension as the best way to save for retirement but only a third are confident it will provide an adequate retirement, latest research from the National Association of Pension Funds reveals.

The industry has lambasted proposals to restrict higher-rate tax relief for those earning more than £130,000.

Yesterday (March 3), the government closed its consultation on plans to restrict higher-rate tax relief on pension contributions from April 2011.

Electrical specialist Comet is the latest scheme to receive the National Association of Pension Funds pension quality mark.