News
Defined Benefit
BT has paid £505m cash into its pension scheme nine months earlier than scheduled under its deficit reduction plan.
30 March 2011
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United Kingdom
UK - Former Gartmore star Guillaume Rambourg is looking for another role in fund management following the FSA's decision not to take any formal disciplinary action against him.
30 March 2011
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US
US - The funded status of the 100 largest corporate defined benefit pension plans declined by $6bn during February 2011, research by Milliman shows.
30 March 2011
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Defined Benefit
Regulatory constraints on pension funds are stifling the availability of long-term capital in the global economy, the World Economic Forum says.
30 March 2011
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United Kingdom
UK - Schemes should steer clear of UK government bonds if they want to maintain the real value of their capital and secure a positive real income, AXA Investment Managers warns.
30 March 2011
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Fixed Income
Schemes should steer clear of UK government bonds if they want to maintain the real value of their capital and secure a positive real income, AXA Investment Managers warns.
30 March 2011
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Appointments
Lloyds Banking Group managing director Phil Loney has been appointed group chief executive of Royal London.
29 March 2011
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United Kingdom
UK - Pensions minister Steve Webb has confirmed that a single flat-rate pension is one of a range of options that will be explored in a green paper to be published shortly.
29 March 2011
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US
US - The judge who accepted the guilty plea of former New York Comptroller Alan Hevesi has transferred the pension-fund corruption case to another judge for sentencing, after refusing to withdraw because of an alleged conflict of interest.
29 March 2011
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Industry
Friends Life has launched today with five million customers across the pensions, investment and insurance markets in the UK.
29 March 2011
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