News

Interest rate hedging increased 44% in the last three months of last year, driven by pension schemes rushing to capitalise on attractive market swap levels, a survey suggests.

Towers Watson; EIOPA; ATP; State Street; Janus Capital Group Inc; Transamerica Retirement Services; Mercer; T. Rowe Price; QIC

Call to close auto-enrol loopholes; top year for pension assets; group of big managers lose pension mandates

The Pension Protection Fund's new levy calculation remains unfair to last man standing multi-employer schemes and must be changed, the Merchant Navy Officers Pension Fund says.

GLOBAL - Assets in the world's 13 largest pension markets hit a new high of $26trn at the end of 2010, up 12% during the year, new research by Towers Watson finds.

UK institutional pension funds' equity allocation has plummeted by a fifth in the past decade - but remains the highest in the world, according to a global study.

Government plans to increase employee contributions for state workers will lead to the collapse of public sector pension schemes, union bosses warn.

Nearly all of the GP 100 Panel members have avoided stocking up on sovereign debt as a way to de-risk their schemes.

Fidelity International has launched a workplace ISA in response to demand from its defined contribution clients and scheme members.

US - Towers Watson has named six investment heads, including one to the new position of head of strategy for North America.