News

Changes to IAS19 will have a "limited" effect on investor attitudes even though they could dent reported profits by as much as £10bn, PwC says.

Rising inflation would prove beneficial to FTSE100 pension schemes if it exceeded current level by just 1.4 percentage points, research reveals.

Middle-class pensioners hit harder by rising prices; Unison prepares for strike ballot; Britain facing biggest public sector strike wave in generation, unions warn

The balance of schemes monitored by the Pension Protection Fund has fallen from a surplus of £2.3bn to a deficit of £13.5bn since the end of April, figures show.

US - Consultant Wurts & Associates has hired Jeffrey Scott, the investment chief of the Alaska Permanent Fund Corporation known for spearheading a risk-based asset allocation, to serve as CIO of its outsourcing business.

ASIA - Asian debt is replacing US Treasuries for institutional investors in the region, but developed market pension funds remain underexposed to the asset class, Baring Asset Management believes.

Pensions minister Steve Webb has again vowed to clamp down on companies offering a "bung of cash" to staff who give up defined benefit pensions.

Pension campaigners will meet with Euro MPs next week to discuss the fall-out from the collapse of car parts manufacturer Visteon.

Threadneedle is set to withdraw from the full service group personal pensions market in a bid to focus on its investment only offering.

GLOBAL - Pension funds and other asset owners are increasingly looking for asset managers to incorporate climate change policies into their investment practices, a new survey of investors with some $12trn in assets shows.