News

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top five most popular stories on www.globalpensions.com over the past seven days (6 August - 13 August).

US - Denver's public schools saved money by borrowing $750m to close a pension deficit and to refund debt even after the interest-rate swaps it used with the financing backfired, officials said.

MEXICO - The Mexican Association of Administrators of Retirement Funds (Amafore) recorded profits of 2.6% in June, achieving a cumulative average of 6.6% in annualised terms.

The National Association of Pension Funds is backing auto-enrolment and NEST in the main but says the finer details around scheme-based certification need clarification.

UK - The National Association of Pension Funds is backing auto-enrolment and NEST in the main but says the finer details around scheme-based certification need clarification.

The Department for Work and Pensions has issued a formal consultation on proposals to shift the inflation link for increases in PPF and FAS payments from the retail prices index (RPI) to the consumer prices index (CPI).

Employees who leave a company prior to retirement could be worst hit by the indexation switch from RPI to CPI, a pensions expert warns.

Have you missed the biggest stories in pensions this week? Find out below, as we list the top ten most popular stories on www.professionalpensions.com over the past seven days (6 August - 12 August).

US - Connecticut is to carry out an asset allocation and liability study for each of its six state pension funds.

The registration process for this year's Professional Pensions Show has now opened.