News

Two-thirds of FTSE350 firms use lower levels of inflation than the market to calculate pension accounts - shaving £7bn off deficits, a survey shows.

CANADA/NORWAY - A consortium of investors including the Canada Pension Plan Investment Board (CPPIB) has agreed to acquire a 24.1% stake in Norway's Gassled Joint Venture.

The government could respond to planned industrial action over public sector pension changes by strengthening anti-strike laws, business secretary Vince Cable has warned.

UK - Only 15% of pension schemes have 50% or more inflation-linked assets matching their liabilities, suggesting most are structurally underhedged, research shows.

Unilever employees are staging a demonstration in Warrington tomorrow over the firm's plans to close its £5.5bn final salary scheme.

Aviva, Northern Trust, Schroders, Prudential Financial, American Century Investments

Only 15% of pension schemes have 50% or more inflation-linked assets matching their liabilities, suggesting most are structurally underhedged, research shows.

Here it is. A guide to the latest annual and lifetime allowance developments.

US - The board of the California State Teachers' Retirement System (CalSTRS) has voted to support proposed legislation to help curb pension spiking.

Trustees of the WS Atkins Pension Plan have agreed a ten-year recovery plan with its sponsor to tackle the scheme's £293m deficit.