News

Prudential has poached Jackie Hunt from Standard Life to give her the role of chief executive for its UK and European business.

Compulsory limited price indexation (LPI) for defined benefit pensions in payment should be scrapped by 2016, says the Association of Consulting Actuaries.

Approaches to defined contribution default funds vary widely across Europe, according to research from the European Insurance and Occupational Pensions Authority (EIOPA).

Schroders has created two senior roles in its liability driven investment (LDI) division, expanding its risk management capability.

An investor engagement programme has improved anti-corruption transparency in 16 global companies, according to a coalition of shareholders.

The bulk annuity market in 2012 was dominated by three big players, who hoovered up more than three quarters all new business according to research from Aon Hewitt.

Local government pension scheme (LGPS) deficits are estimated to have doubled since 2010 to over £80bn, according to KPMG analysis.

The Kelda Group Pension Plan has appointed Kames Capital for an £85m indirect property mandate.

Trustees are concerned over the strength of their employer covenant and feel contributions could be higher, research from Baker Tilly shows.

The Department for Work and Pensions has announced a list of proposed regulatory changes as part of the coalition's drive to cut red tape for businesses.