News

Switch to flat rate state pension may damage private sector schemes; BA pensioners to vote on link between inflation and income; ITN pension deficit hit £59.5m in 2010

ITM has made two senior appointments in response to substantial growth which has seen the consultant double its revenue and workforce in two years.

NETHERLANDS - Dutch pension plans believe fiduciary management will continue to grow but it remains a controversial strategy, new research shows.

B&CE has overhauled its EasyBuild Workplace Pension offering to offer a 0% annual management charge for the first year of auto-enrolment.

The government has so far failed to meet its promise on entering office to reinvigorate occupational pension schemes, the Association of Consulting Actuaries says.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.

EUROPE - The European Central Bank lifted interest rates for the first time in almost three years in a bid to stem inflation.

UK - Barnet Council pension scheme is set to liquidate its £23m ($37.4m) real estate portfolio after integrating the fund's property strategy into a diversified growth fund.

US - Staff at the California Public Employees' Retirement System have proposed new portfolio benchmarks to reflect the risk-based asset allocation approved in December.

DENMARK/PORTUGAL - Denmark's second-biggest pension fund said it may snap up Portuguese bonds if they keep falling after the country became the third euro member to seek a bailout since Greece's fiscal woes triggered the sovereign debt crisis.