News

LGIM top in pension assets; Pension savers need protecting; Pension support for start-ups thin on the ground; Nest sends signal on pension risks; Employers win battle to reform pensions levy

Department for Work and Pensions employees are set to ballot for strike action over changes to their pensions recommended in Lord Hutton's commission report.

Interest rate hedges by pension funds fell by 24% over the first quarter of the year, hit by a difficult swap market and stale funding levels, F&C reports.

Fidelity has launched the CB Richard Ellis UK Property Fund on its defined contribution platform.

Aon Hewitt names co-CEOs, Schroders lures BlackRock portfolio manager, International Forum of Sovereign Wealth Funds, BNY Mellon, Barings, State Street, Fidelity, Kempen Capital, Old Mutual

Just two FTSE100 firms plan to use NEST as their default pension arrangement for new starters post-2012, research from Towers Watson reveals.

UK - The Pension Protection Fund will use scheme investment risk for the first time to calculate the levy from 2012/13, it announced today.

UK - The first quarter of 2011 saw a 24% fall in levels of interest rate hedges by pension funds, research by F&C shows.

GLOBAL - Manager search activity increased in 2010 with emerging markets and alternative asset classes receiving most interest, research by Mercer reveals.

BlackRock has been hit by another senior management departure after its European head of structured solutions portfolio management quit to join a rival firm.