News

Institutional investors continue to diversify portfolios, tripling the number of global infrastructure mandates awarded over 2012, according to figures from Towers Watson.

The House of Lords has passed two amendments to the Public Service Pensions Bill which will secure equal representation for members and employers on scheme boards.

The government has delayed plans to force schemes to equalise guaranteed minimum pensions until Spring 2014, pensions minister Steve Webb told lawyers last week.

Ros Altmann is to step down from her post as director-general of Saga.

The gap between the Retail Prices Index and Consumer Prices Index widened to 0.6 percentage points in January, according to latest figures from the Office for National Statistics.

The aggregate deficit of UK private sector schemes has decreased by £33.5bn over January, research from the Pension Protection Fund shows.

What do trustees discuss when they get together?

Barclays Group deficit across all its schemes has increased by 550% over 2012 rising by £1.1bn to stand at £1.3bn, its final results have shown.

Scottish Life has posted record new business results for the 12 months to 31 December, with total life and pensions business valued at £2.4bn.

Plans to introduce holistic balance sheets as part of a planned overhaul of European pension regulation are unworkable, PensionsEurope says.