Inflation would slash pensioners' income by 60% over a 20-year retirement if they took fixed benefits today, Prudential analysis reveals.
Most large employers are still not properly prepared to meet the regulatory requirements of auto-enrolment, Standard Life research reveals.
US - The California Public Employees' Retirement System (CalPERS) has dismissed its lawsuit against Fitch Ratings but will maintain its action against fellow ratings agencies Moody's and Standard & Poor's.
UK - Trustees of the ITB closed pension fund have entered into a £152.7m ($248.7m) buy-in agreement with Pension Insurance Corporation covering 1,662 members.
US - Pimco bond fund manager Bill Gross has acknowledged he made a mistake in betting so heavily against US government bonds earlier this year.
EUROPE - Pension schemes are looking to increase allocations to private equity but demand greater transparency, reporting and risk management from providers, a report suggests.
JAPAN - Japan's public pension fund scraped a small return on its investments in the second quarter after its assets fell by $33bn, its latest report shows.
AllenbridgeEpic Investment Advisers has boosted its real estate team in response to increased client appetite for property with the appointment of a second sector specialist.
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