News
Industry
The interaction of the CPI switch with existing annuity provision and scheme rules will cause considerable complexity for trustees in some cases, a lawyer warns.
17 March 2011
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Industry
The UK pensions system is so badly designed it is a "toxic mix" which favours providers over savers and pushes people towards undersaving, Lord McFall says.
17 March 2011
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Regulation
The National Association of Pension Funds is lobbying government to add a new objective for The Pensions Regulator - forcing it to promote the survival of workplace pensions.
17 March 2011
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Legislation
There were clashes over the switch to the consumer price index as the Pensions Bill was debated in the Lords yesterday.
16 March 2011
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India
INDIA - Goldman Sachs Asset Management has acquired India's largest ETF provider Benchmark Asset Management and announced plans to bring actively managed funds onshore.
16 March 2011
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Canada
CANADA - Staff at the Healthcare of Ontario Pension Plan (HOOPP) could soon be compensated for how well they match liabilities.
16 March 2011
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United Kingdom
UK - Buyout deals totalled £8.1bn ($13bn) last year, with £1.6bn of this business written in Q4 alone, research by JLT Pension Capital Strategies shows.
16 March 2011
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Industry
Aries Pension has launched a Retail Prices Index revaluation table to help defined benefit pension schemes who have to keep using the same RPI measure of inflation to revalue benefits.
16 March 2011
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US
US - The California Public Employees' Retirement System (CalPERS) has rejected recommendations to lower its discount rate and voted to keep it at 7.75%.
16 March 2011
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Defined Benefit
Changes to the Universities Superannuation Scheme could be stalled indefinitely due to an ongoing dispute between employers and employees, a union warns.
16 March 2011
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