News

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.

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

UK - Trustees of the London Stock Exchange Group's defined benefit plan have sealed a groundbreaking £203m ($329m) deal to insure its pensioner members' liabilities after reporting a £33m increase in the scheme's surplus.

Trustees of British Polythene Industries' UK defined benefit scheme have agreed a £20m property-backed cash payment plan with the firm.

ASIA - Asian stocks are increasingly offering both share price growth and dividend income, Newton believes.

Trustees of the London Stock Exchange Group's defined benefit plan have sealed a groundbreaking £203m deal to insure its pensioner members' liabilities after reporting a £33m increase in the scheme's surplus.