News

UK - The Debt Management Office is considering launching index-linked gilts with a maturity of 50 years in October after the idea of a new batch of ultra-long bonds was proposed to investors.

Phoenix group has closed its defined benefit pension schemes to future accrual to limit future costs and volatility relating to the funds' deficit.

Longevity swaps leave schemes open to the risk that younger members live twice as long in retirement than current pensioner members, Punter Southall warns.

NORWAY - The Ministry of Finance has confirmed that Martin Skancke has resigned his position as head of the department overseeing the Government Pension Fund Global.

European Union rules on the establishment of cross-border pensions must be simplified, Aon Hewitt believes.

Tommy Young has been appointed chief operating officer for Aegon UK's life and pensions business.

EUROPE - EU rules on the establishment of cross border pensions must be simplified, Aon Hewitt believes.

Paul McGlone explains how attitudes to the financial monitoring of pensions are changing.

The alarm over funding position volatility since July could have been avoided if schemes measured liabilities based on inflation rather than gilt yields, an actuary believes.

A dozen longevity swap deals are set to complete in the next 18 months after the £1.7bn ITV Pension Scheme deal reinvigorated the market, a consultant says.