Following the global crash's punishing exposure of over-correlated investments, Emma Cusworth looks at how UK schemes have diversified to de-risk their portfolios
Schemes must take action before 31 March if they are to reduce their 2011/12 Pension Protection Fund (PPF) levies, Aon Hewitt urges.
The Pension Protection Fund has reappointed State Street to provide a range of global custody and administration services and also hired it to provide securities lending services for the first time.
A further ten schemes have been admitted to the Pension Protection Fund.
The Pension Protection Fund will implement its reworked pension protection levy framework from 2012/13, it announced today.
Ros Altmann has called for government to act immediately on a legal technicality in the Pensions Act 2004 which could leave members without Pension Protection Fund cover.
The Pension Protection Fund has released a second consultation on the thorny subject of guaranteed minimum pension equalisation.
The Pensions Bill could remove the need for formal section 143 Pension Protection Fund valuations, a consultant says.
The aggregate s179 funding position of the 6,560 schemes in the PPF 7800 index is estimated to have improved to a surplus of £21.7bn at the end of December last year.
The maximum fraud compensation levy chargeable to schemes could more than triple this year, government proposals reveal.