News

UK - Annuity rates could hit their lowest point for two years as the sovereign debt crises hits gilt yields, experts believe.

Girls born in UK this year have one-in-three chance of reaching 100; Girls now eight times more likely to live to 100 than 80 years ago; Munich Re upbeat after return to profit

Annuity rates could hit their lowest point for two years as the sovereign debt crises hits gilt yields.

CANADA/US - The Canada Pension Plan Investment Board has entered the US residential real-estate market with eight separate transactions worth more than $300m.

Aviva has reported UK operating profits up 3% for the first half of the year, and highlighted auto-enrolment as an area of opportunity.

AUSTRALIA - Industry superannuation funds are holding A$1.2bn (US$1.2bn) in operating and general reserves, research by Deloitte has found.

Pension Scheme of the Year Awards host confirmed

The low footprint that hedge funds have in most capital markets means overall they pose a low systemic risk, the Financial Services Authority says.

The Pensions Ombudsman is operating under a "false economy" because it has faced staffing cuts while schemes are still paying the same levy, a lawyer says.

Sebastian Cheek assesses the outcomes of WRIC