News

Here they are... Some of the best pictures from the Professional Pensions Show 2011, held at London's ExCel Centre on Wednesday and Thursday last week.

The average worker in a defined contribution pension scheme has lost £1,300 a year of future retirement income in the last six months, Alexander Forbes says.

Pensions administrators should be able to give guidance to scheme members without fear of breaching financial advice regulations, the Pensions Administration Standards Authority argues.

Trustees should not slash communications budgets in tough times as it is the only way to keep member confidence through scheme changes, delegates at the PP Show heard.

Over regulation and being seen to "do the right thing" has overshadowed the only important thing to trustees - the employer covenant, a consultant says.

HSBC Workplace Retirement Services has appointed Mark Winstanley as a senior client relationship manager.

NETHERLANDS - Dutch pension funds have suffered a severe 11 percentage point drop in funding ratio from March to August due to poor market performance and increased interest rates.

UK/EUROPE - SECOR Asset Management, the fiduciary and asset manager run by the former General Motors Asset Management investment chief, has opened in London.

US - The California Public Employees' Retirement System (CalPERS) plans to dole out $2bn to up to three strategic partners to manage multi-asset class mandates.

Public sector pensions must share the pain of this global financial crisis; Head teachers' pension strike could shut every school; Headteachers union to vote on strikes for the first time; Unilever extends talks on final salary pensions; Nest looks to...