News

The coalition government's cuts to child benefit for anyone earning over £44,000 is ‘a worry' and answers from the Treasury are ‘not good enough', pensions minister Steve Webb has been caught saying.

Public sector final salary schemes should be scrapped and replaced with a career average alternative, the National Association of Pensions Funds says.

UK - The Pension Protection Fund has recruited four new managers alongside its existing manager to develop its globally diversified real estate strategy.

UK - A pensioners' association is challenging BAE Systems' decision to switch their pension indexation from RPI to CPI.

The Pension Protection Fund has recruited four new managers alongside its existing manager to develop its globally diversified real estate strategy.

Public sector pension schemes should move to a career average revalued earnings system capped at pay of £75,000, the London Pensions Fund Authority says.

Union leaders warn David Cameron over cuts; Local government pension schemes urged to take Yale route

A pensioners' association is challenging BAE Systems' decision to switch their pension indexation from RPI to CPI.

EUROPE - Pimco, the world's largest bond fund manager, has called on Greece, Ireland and Portugal to step outside the eurozone temporarily and restructure their debts unless the currency bloc agrees to a radical change of course.

The National Employment Savings Trust has confirmed it will offer a socially responsible investment fund for members and is inviting asset manager to bid for the mandate.