News

Guarantees given in Civil Service Pensions member communications to link benefits to the Retail Prices Index were the result of bad drafting, the government admits.

Failure to reform EU regulations for UK pension schemes will lead to "inter-generational conflict" over pension provision in future, delegates heard.

Schemes have committed a further £44m to a ground lease fund managed by Pramerica Real Estate Investors as an alternative to index-linked gilts.

Pension schemes' accrued liabilities could have different rules from more stringent Solvency II-style capital requirements, a leading EU policy maker has hinted.

Supermarket property assets outperformed commercial property averages last year with £1.15bn of investment transactions recorded for the 2011, according to IPD.

European insurance firms are "campaigning" for pension funds' capital requirements to be regulated more like insurers to generate increased business for the insurance sector, a leading MEP says.

Falling gilt yields have pushed schemes £90bn deeper into deficit since the second round of quantitative easing in October last year, the NAPF says.

Steve Webb has called for the pensions industry to encourage people to ‘impulse save' alongside the more rigid auto-enrolment framework, to engage with younger generations.

Private sector workers are six times more likely to receive a range of employee benefits such as private medical insurance and income protection than public sector staff, research has claimed.

The government must make reforms to improve transparency and clarity around tax on annuities and trivial commutation of pension pots, the Office for Tax Simplification says.