NETHERLANDS - Stichting Pensioenfonds ABP yesterday said it would raise premiums 0.5% starting 1 April.
A dispute over whether defined benefit schemes should have to pay VAT on investment management services has been referred to the European Court of Justice.
US - The aggregate deficit in pension plans sponsored by S&P 1500 companies decreased by $14bn during February, figures from Mercer show.
F&C is considering whether to launch a fiduciary management service in the UK.
The Treasury says people exceeding the annual allowance on pension savings must meet their tax charges as soon as they arise.
AUSTRALIA - Political parties of all colours must unite to back proposed changes to the superannuation system and help restore confidence in the industry, the Association of Superannuation Funds of Australia (ASFA) said.
Draft regulations allowing employers to exclude workers above state pension age from group risk insured benefits leave trustees exposed to discrimination actions, experts warn.
PwC has launched a bulk de-risking solution for employers sponsoring defined benefit schemes.
Allowing early access to pension pots is surely detrimental to saving if it means a diminished sum at retirement.