The UK and the eurozone will fall back into recession in the next 12 months as countries try to cope with a serious European credit crunch, Schroders says.
Here's what figures from around the industry have been saying today on the Chancellor's plans to boost infrastructure investment.
The pensions industry has cautiously welcomed the Chancellor's autumn statement.
The government has said it will not issue CPI-linked gilts in 2012-13, saying the move would not be cost effective and would involve "a number of risks".
The Chancellor has confirmed he will unlock £20bn of pension fund assets to invest in infrastructure in a bid to "overhaul the physical transport infrastructure of our nation".
The Chancellor confirmed the government intends to clamp down on "complex asset-backed contribution structures" that allow firms to over-claim tax relief.
Chancellor George Osborne has confirmed the state pension age will reach 67 by 2026.
The Chancellor has used his Autumn Statement to urge unions to call off the mass walk-out set for tomorrow.
LIVE FROM 12.30pm: Keep up to date with all the key points coming out of the Chancellor's Autumn Statement as they happen.
The Department for Work and Pensions has admitted it is ‘gravely concerned' over proposals to bring the IORP Directive more into line with the Solvency II.