News

Scapa Group has reduced the deficit of its three UK defined benefit schemes by £3.6m, results show.

The Commons Public Accounts Committee has questioned the validity of Treasury cost projections for public sector scheme changes, saying it did not fully test the impact of its assumptions.

Half of UK workers expect to be worse off than their parents in retirement with a majority blaming increased life expectancy and reduced occupational pensions, a report claims.

UK's ostrich generation: millions of Britons risk pension poverty; Pensioners plan Question Time protests over alleged exclusion from show

UK - Hermes Real Estate Investment Managers Limited and LaSalle Investment Management have sold a £141.5m office block in the City of London to Invesco Real Estate.

AUSTRALIA -Plans to introduce a levy on regulated supers to help recompense members is unfairly favourable towards larger funds, industry bodies claim.

AUSTRALIA - The Gillard government will amend superannuation legislation to tighten the list of funds that are exempt from policing by the Australian Prudential Regulation Authority (APRA) it announced this week.

UK - Permal Investment Management has appointed Paul Jeffries to head up its UK institutional business.

UK - Hermes Real Estate Investment Managers Limited (HREIM) and LaSalle Investment Management have sold a £141.5m office block in the City of London to Invesco Real Estate.

DMGT is set to agree a 12-year deficit recovery plan with trustees which will pump about £344m into the defined benefit scheme, results show.