News

A Pension fund preference for brownfield investments over greenfield could hamper government plans for infrastructure investment.

Hymans Robertson senior consultant Jon Hutchings says unnecessary tenders will push up the cost of consultancy for schemes.

Auto-enrolment legislation may lead to an increase in performance-related litigation, as employers are not specifically protected from responsibility for investment results.

Singapore's state-sponsored defined contribution scheme is an example of how a 'property from pensions' model could work in the UK, according to Freshfields Bruckhaus Deringer partner David Pollard.

Emerging market infrastructure, emerging market government bonds and high yield corporate bonds could provide growth and a steady income stream for schemes over the next year, delegates heard.

High street retailer Next has supported its pension scheme through a number of buy-ins but does not want to throw cash into a liability-matching "black hole", trustee chairman Ian Richards says.

Companies are increasingly seeking to offload pension schemes to the Pension Protection Fund before they are driven into bankruptcy, lawyers warn.

Plans to change the way directors' pensions are valued in remuneration reports are "fundamentally misplaced," says the Society of Pension Consultants.

O2 is set to close its final salary defined benefit scheme to future accrual due to poor economic conditions and the impending cost of auto-enrolment.

Defined contribution multi-asset managers have not seen a pick-up in business in the run-up to auto-enrolment.