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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.

The National Association of Pension Funds has called on The Pensions Regulator to consider a range of options to help pension funds struggling to deal with the impact of quantitative easing.

EUROPE - The majority of European institutional investors believe the euro will survive in its current form, but a recent survey finds the UK harbours the most sceptics.

UK - Narrowing Consumer Prices Index and Retail Prices Index inflation will save schemes switching to CPI just 60p (94c) a week for each scheme member, according to figures.

US - The asset management fees brought in by State Street Global Advisors (SSgA) were up 17% in the year ended 30 September, despite overall assets under management dropping by 4% in the same period, parent company State Street Corp. said today.

Due to popular demand, we have now extended the nomination deadline for the GP Awards 2012 to 31 October. Have you cast your vote yet?

FRANCE - Global sovereign wealth funds with over $9trn in assets are meeting to discuss ways to boost global economic growth, including the potential use of new financial instruments like "loyalty shares" or "capital access bonds".

Narrowing Consumer Prices Index and Retail Prices Index inflation will save schemes switching to CPI just 60p a week for each scheme member, according to figures.

Professional Pensions is set to conduct a survey on auto-enrolment to discuss the current level of knowledge and preparation in the marketplace.