News

Hermes BPK Partners has launched a three-year performance fee structure available to institutional investors and pension funds globally.

Legal & General has launched the WorkSave Choice platform and the WorkSave Pension Trust to help companies cope with auto-enrolment.

SWEDEN - Staff overseeing the SCA pension fund are considering decreasing its exposure to equities as it searches for higher-yielding products.

NETHERLANDS - Stichting Pensioenfonds ABP plans to raise premiums in 2011 as a result of new longevity estimates.

HUNGARY - Hungary's plan to take over some pension assets held by fund management companies will "frighten" investors and may drive investment firms out of the country, Pioneer warns.

UK - Pension funds could be ditching responsible investing principles in their relentless hunt to get higher returns from their asset managers, Kas Bank warns.

Barrie & Hibbert has recruited former Hewitt Associates senior actuary Celene Lee as its head of pensions.

BBC and unions turn to ACAS in pension row; Acas to attempt to break deadlock in BBC pensions dispute; Pensions for cash deals under scrutiny

Balfour Beatty has agreed a recovery plan with trustees to eliminate defined benefit scheme's £432m deficit over the next eight years.

Government plans for a universal state pension of £140 a week remove the last justification for National Insurance contributions, a think tank claims.