News

The Pension Protection Fund took a further 41 schemes under its wing in February.

UK - The BBC has agreed an 11-year repayment plan with the scheme trustees to address its £1.1bn ($1.7bn) deficit.

The BBC has agreed an 11-year repayment plan with the scheme trustees to address its £1.1bn deficit.

GLOBAL - ETF Securities (ETFS) has listed two new infrastructure funds which the firm believes are particularly suitable for pension funds.

UK/AUSTRALIA - The Responsible Investment Association Australasia (RIAA) is to meet with UK fund managers today to discuss how they can meet the growing demand for responsible investment strategies from superannuation funds.

Massive exit fees and data transfer restrictions are making it difficult for schemes to switch administration provider, industry figures say.

The overall winner of the 2010 Art of Pensions competition, Anthony Hart of MNPA, receives his trophy from Pendragon managing director Simon Freeman and PP editor Jonathan Stapleton at the awards lunch, held in London last week.

Aon Hewitt and Baillie Gifford have signed up to straight-through processing for defined contribution transactions through Calastone's SWIFT bureau service.

Only 34% of pension professionals feel they are paid in line with the market, but more reported salary increases this year, a Sammons Pensions poll shows.

Buyout companies will move into alternative asset classes from 2013 because of changes to the way they hold capital under Solvency II, consultants say.