Outgoing National Association of Pension Funds chairman Lindsay Tomlinson has urged schemes to demand more from the organisation and band together to lobby government more effectively.
NETHERLANDS - Dutch pension fund Stichting Pensioenfonds SABIC Innovative Plastics has appointed State Street Corporation to provide custody and other services for its €700m ($970m) in assets.
UK - The Pensions Protection Fund has widened its selection of transition managers by recruiting nine firms to its panel, but missing from the list was incumbent State Street who the PPF said did not re-bid.
The Pension Protection Fund has widened its selection of transition managers by recruiting nine firms to its panel.
QE: printing money 'swells pensions black hole by £3,750 a head'; BofE move may raise pension fund liabilities; Setting benefits by inflation 'is unfair'; Inflation: how it hurts a pensioner, a saver and a teacher; Why thousands of pensioners get no protection...
Scheme liabilities could soar after the Office for National Statistics published updated longevity figures showing increases in life expectancy.
Companies could face provider shortages should auto-enrolment planning continue to stall, Mercer warns.
GLOBAL - Franklin Templeton's Mark Mobius has said he does not believe there will be a recession in developed or emerging markets despite the ongoing eurozone sovereign crisis.
NAPF chairman Lindsay Tomlinson explains why quantitative easing is so bad for UK pension schemes...
The Pensions Bill which raises the state pension age to 66 by 2020 has passed its third reading in the House of Commons with 287 votes to 242.