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Pension funds are facing a dilemma in that de-risking is expensive and not getting cheaper so they should take on more risk in the current climate, delegates heard.

UK - The Pension Protection Fund has confirmed the levy estimate for 2012/13 will be £550m ($860m).

CHINA - Schroders head of Asia ex-Japan equities, Robin Parbrook, has poured scorn on returns made by investors in China in the last two decades, and warned the country still faces major challenges.

The Pension Protection Fund has confirmed the levy estimate for 2012/13 will be £550m.

AUSTRALIA - The superannuation industry has broadly welcomed the final details of the government's Stronger Super reforms, which it claims could result in a rise in member savings equivalent to a 1% increase in contributions.

Employers who provide information on lifetime allowance potential tax charges in light of auto-enrolment have nothing to fear from The Pensions Regulator, delegates heard.

Ensuring employers are fully prepared for auto-enrolment is not only a duty of The Pensions Regulator and government but falls on the shoulders of industry as well, delegates heard.

Pension schemes need a clearer sense of the infrastructure deal flow to enable them to seriously consider investing in infrastructure projects, Mark Hoban says.

Financial secretary to the Treasury Mark Hoban has said the government will not allow European regulators to overrule it on pensions.

AUSTRALIA - RecruitmentSuper has been awarded a five-star rating for "outstanding value" for a second consecutive year.