News

More than half of UK workers would sacrifice pay for a higher pension contribution by their employer, research by Aon Hewitt reveals.

Pinsent Masons has launched a specialist team to provide expert advice on complex cases involving The Pensions Regulator and the Pension Protection Fund.

Flood of risk transfer deals; Index link switch puts pensions in limbo; Nest mandates excite asset managers; Public sector workers face £3bn payments rise in pensions review; Pensions group warns on tough EU plans; General wants MoD help for Forces pensions...

Risk transfer deals are expected to be well in excess of £1bn in the fourth quarter on the back of improved market conditions and indexation changes, industry experts say.

US - The California Public Employees' Retirement System (CalPERS) has refused to pay pensions based on recent compensation set for a number of City of Bell employees.

PwC; Mercer; SWIP; Caisse de dépôt et placement du Québec; Aviva Investors; Canada Life Investments; HSBC

Plans by the European Union to introduce Solvency II rules to the pensions industry run the risk of undermining pension provision rather than strengthening it, industry bodies have warned.

EUROPE - Plans by the European Union to introduce Solvency II rules to the pensions industry run the risk of undermining pension provision rather than strengthening it, industry bodies have warned.

GLOBAL - Within the next five years, revenues brought in by Mercer's investment management functions could outpace those brought in by its massive $3.5trn in advisory assets, Andrew Kirton, global chief investment officer said.

MEXICO - Mexico may allow pension funds, the nation's biggest institutional investors, to tap global commodities that are trading at near two-year highs.