News

The latest Pensions Bill has made it easier for The Pensions Regulator to use its moral hazard powers by removing the current two-year time limit, lawyers say.

Pension reformer Lord Hutton has hosted a series of 13 private forums with industry chiefs to hear first-hand concerns and ideas for his reforms, the Treasury confirms.

Aberdeen Asset Management has launched a Latin American equity fund giving schemes the chance to gain exposure to economies such as Brazil, Chile and Mexico.

Trustees of the Universities Super­annuation Scheme are expected to amend disputed proposals to change the scheme's pension structure when they meet today, PP understands.

UK commercial property delivered a 14.5% total return last year - the strongest performance for four years, the IPD UK monthly index reveals.

NETHERLANDS - A second group of investors has filed a lawsuit against former Belgian-Dutch bank Fortis for misleading investors in the build-up to its collapse in 2008.

UK - Pensions are seen as an "old fashioned" way to save for retirement compared with property, Aegon research finds.

UK - Introducing shared risk through a career average scheme for the public sector is the only way to achieve long-term sustainability and lasting reform, Mercer says.

US - Blackstone Group , the private- equity firm that has been trying to mend relations with New York City's public pension funds, said employees' retirements should not be threatened by government deficits.

UK - Commercial real estate sales rose by 44% last year as pension funds and other institutional investors targeted supermarkets and central London office space, figures show.