SWITZERLAND/GLOBAL - Swiss alternative asset manager LGT Capital Partners has closed three private equity funds after raising $4.1bn from institutional investors.
Advisers are set to turn their backs on conventional annuities and recommend asset-backed alternatives as annuity rate crashes continue to plague retirees.
Introducing the National Association of Pension Fund's proposal for a simple, single state pension would "really help" the auto-enrolment reforms, Adrian Boulding says.
The UK's biggest firms have pumped £13bn into their defined benefit pension schemes in the last 12 months, research shows.
EUROPE - Multinationals with defined contribution plans in Eastern Europe are starting to favour pan-European vehicles instead, John Hall, head of the international consulting practice for EMEA at Mercer said.
Saga appoints champion to do battle for the baby-boomers; BBC pension trustees 'outraged' by proposed cuts
Department store John Lewis has cut more than £330m from its defined benefit deficit this year, half year results reveal.
CBI warns that Pensions Regulator statements are endangering the market
The Pensions Regulator will use its powers "aggressively" against schemes which knowingly take on risks in excess of the sponsor covenant, Bill Galvin warns.
The winners of this year's Pension Scheme of the Year Awards will be announced at a gala awards evening at the London Marriott Hotel on Grosvenor Square tonight.