News

Introducing a £140 a week single-tier state pension will reduce pensioners living below the poverty line to 10% in 2025, down from 16% in 2009, research shows.

Pensions de-risking business slumped by 78% in the first quarter of this year despite a high level of activity in the market, research shows.

The £4.1bn London Pensions Fund Authority has boosted its shareholder voting and engagement by handing £1bn in global equities to Dutch fund manager Robeco.

The Office for Tax Simplification is to review pensioner taxation and employee share schemes in two projects.

UK - Companies are needlessly paying £5bn ($8bn) into defined benefit pension schemes because their funding targets are more than 10% higher than necessary, PwC research finds.

UK - The £4.1bn ($6.5bn) London Pension Fund Authority (LPFA) has awarded Dutch fund manager Robeco its first UK contract to oversee its shareholder voting and corporate engagement.

BlackRock hires NEST's Gilbody; Aviva Investors; Liongate; Municipal Fire and Police Retirement System of Iowa; Ignis; HSBC Asset Management; Towers Watson; Acadian; Cardano; LGIM; Mercer

US - State governments would be forced to report a net pension liability in their financial statements under new accounting proposals put forward by the Governmental Accounting Standards Board (GASB).

Pensions diversify but dubious about fees; Pensions select firms for direct investment; Steady yields tempt investors back; UK companies overpay £100bn in DB schemes; Accounting change to show extra public debt; Poor health means a better annuity - and...

The use of alternative assets by pension funds grew by 16% in 2010 to $952bn (£596bn), according to research by Towers Watson.