News

UK - The government has today detailed plans on how the state pension age will rise to 66 by 2020.

NORWAY - The Government Pension Fund Global has made its first investment in real estate since it received the okay to invest in property in March.

FRANCE - Alcatel-Lucent's deficit for its pension and other post employment benefits (OPEB) dropped by nearly 22% to €1.41bn ($1.92bn) over the third quarter.

Labour pensions spokeswoman Rachel Reeves will deliver a keynote address at the Pensions Show 2010.

The Pension Income Choice Association has further expanded its management board with the appointment of Fidelity Investment Manager's UK managing director, Gary Shaughnessy.

Pension age increase could cost £14k each; BBC strike set to disrupt news coverage

UK - BT will reduce its scheme liabilities by £2.9bn ($4.7bn) after the government's decision to use Consumer Prices Index to measure inflation, an actuarial review shows.

BT will reduce its scheme liabilities by £2.9bn after the government's decision to use Consumer Prices Index to measure inflation, an actuarial review shows.

Mercer has appointed Mandy Turner as a senior consultant in an expansion of its Bristol-based investment consulting business.

SPAIN - A Spanish pension bill will go to parliament for approval next year, later than expected, and the government is "open" to modifying its proposal that includes raising the retirement age, Labor Minister Valeriano Gomez said.