Some 29 FTSE350 companies are paying defined benefit deficit repayments that exceed their free cashflow, Barnett Waddingham analysis shows.
Schroders has launched a dynamic multi-asset fund to offer DC schemes an alternative to passive defaults.
UK - Deborah Fuhr, one of the leading figures in the exchange traded funds industry, will step down from her role as global head of ETF research and implementation strategy at BlackRock.
AUSTRALIA - The A$11bn Telstra Super has agreed to provide a combination of debt and equity for a 50% stake in the Adelaide Tax Office Development due to be completed in October 2012.
UK - Northamptonshire Pension Scheme has increased its bond allocation mandate to US-based Wellington Management to 15% after a key resignation from its second bond manager UBS.
At an emergency summit in Brussels, EU leaders have finally settled on a debt relief plan for Greece.
Companies could be wasting £2.1bn a year by auto-enrolling workers who will not benefit from pensions, a consultant warns.
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
EUROPE - At an emergency summit in Brussels, EU leaders have finally settled on a debt relief plan for Greece.
Capita Hartshead is to buy NorthgateArinso's pension business - which provides third party administration and software - for £27.5m.