News

Defined benefit liabilities across the world are likely to have increased to record levels this year, research by Mercer warns.

Survey finds €1,900bn hole in EU pensions; Delay retirement and keep pay as well as pension

The average UK adult needs to save an extra £10,300 a year to live comfortably in retirement, research shows.

GLOBAL - Defined benefit (DB) liabilities across the world are likely to have increased to record levels in 2010, research by Mercer warns.

Vince Cable's plans to "give shareholders more say" will fall flat because institutional investors do not have sufficient incentives to exercise responsible ownership, FairPensions warns.

The West Midlands Pension Fund has invested £142.7m in three separate retail property transactions.

Almost 45% of schemes have failed to conduct a review of their member data in the last two years, JLT Benefit Solutions says.

Buck Consultants has appointed Fraser Smart as its UK managing director with immediate effect.

CANADA - Brookfield Asset Management has closed its $2.7bn Americas Infrastructure fund after almost doubling its target.

GLOBAL - The next decade will see employers improving the spend-down phase of their DC schemes, research by Mercer predicts.