The maximum fraud compensation levy chargeable to schemes could more than triple this year, government proposals reveal.
Pension funds will suffer "significant capital losses" if they continue to invest in sovereign bonds over equities, a leading fund manager says.
POLAND - Poland's benchmark index headed for the biggest two-day drop since May on concern that a government proposal to change the pension system will hurt fund inflows into central Europe's largest equity market.
UK - Trustees of defined benefit schemes saw an average return of 13% on investments last year due to strong equity performance, according to research.
The Oxford Diocesan Board has transferred its defined benefit scheme to The Pensions Trust.
KPMG has announced the appointment of four new partners in its pensions practice.
Campaigners from Visteon Pension Action Group are to meet MP Stephen Metcalfe tomorrow to discuss their grievances against Visteon and Ford.
US - The University of California has rejected demands from executive staff to base pensions on a percentage of their total salaries rather than just the first $245,000.
Trustees of defined benefit schemes saw an average return of 13% on investments last year due to strong equity performance, according to research.
The number of bankrupt over-65s has increased six times in the past ten years, the Insolvency Service says.