News
Defined Benefit
A further ten schemes have been admitted to the Pension Protection Fund.
15 February 2011
•
Legislation
Switching to consumer price index for pension inflation will improve defined benefit scheme funding levels by £83bn - but reduce the value of members' pensions, the government says.
15 February 2011
•
Industry
Schemes must factor in climate change risk to their asset allocation strategies over the next two decades or face losing trillions of pounds, Mercer warns.
15 February 2011
•
Legislation
MPs have accused pensions minister Steve Webb of backtracking on the coalition agreement's terms on increasing the women's state pension age.
15 February 2011
•
Press
UK pensions chairman calls for fees change; Over-50s hit hard by economic downturn; What are your rights if you don't want to retire at 65; We have to kick our apathy about pensions into touch; Half of workers can't afford to retire; New laws to cost...
15 February 2011
•
United Kingdom
UK - The UK inflation rate rose to 4% in January, which is double the government's target and up from 3.7% the previous month.
15 February 2011
•
US
US - The California Public Employees' Retirement System (CalPERS) has adopted a five-year, "back to basics" strategic plan for its $16bn real estate programme.
15 February 2011
•
Industry
Standard Life self-invested personal pension and group SIPP customers can now invest directly in gold bullion.
14 February 2011
•
Sweden
SWEDEN - The Second AP fund returned 11.2% in 2010, a net result of SEK22.3bn ($3.4bn).
14 February 2011
•
US
US - Congressional Republicans are using scare tactics to push a bill blocking bailouts of state pensions as a way to undermine government unions, said John Stanton, a lawyer for the California State Teachers' Retirement System (CalSTRS).
14 February 2011
•
