News

UK - The government has offered unions an improved accrual rate of 1/60th and more protection for workers approaching retirement in a concession on public sector pension changes.

The Federation of Small Businesses has set up a multi-employer pension scheme for its members in preparation for auto-enrolment.

The Pensions Regulator has said the separation of schemes from employers is "rarely the best solution" - one day after a scheme where it allowed such a move announced it was winding up.

NEW ZEALAND - The New Zealand Superannuation fund has returned -11% for the third quarter of 2011.

Women will be ‘winners' once auto-enrolment is introduced next year, but pensioners who rent in retirement could end up getting less back than they put in.

The Treasury's "reference scheme" is being used as the basis on which a new public sector pension scheme will be designed. We look at what has changed.

Here it is. Chief secretary to the Treasury Danny Alexander's speech to the House of Commons regarding enhancements to public sector pensions reform proposals.

GLOBAL - Hedge funds might capture news headlines when they lose money as a result of financial crimes and misdemeanours, but pensions are stung more often partly due to their more regular investing patterns, according to a securities litigation lawyer...

Auto-enrolment will force small employers to reduce benefits and potentially freeze recruitment to meet rising pension costs.

The £2.4bn Derbyshire County Council Pension Fund is set to review the number of additional voluntary contribution providers it uses in a bid to boost investment fund choice for members.