News

UK - The UK economy faces a one in three chance of falling back into recession by 2012, Legal & General Investment Management (LGIM) has warned.

Government plans to switch inflation-linked uplifts for final salary pension schemes from the retail prices index (RPI) to the consumer prices index (CPI) have had an instant and negative effect on the UK index-linked gilt market, Aegon Asset Management...

UK - Government plans to switch inflation-linked uplifts for final salary pension schemes from the retail price index (RPI) to the consumer price index (CPI) have had an instant and negative effect on the UK index-linked gilt market, Aegon Asset Management...

US - Pfizer directors should be held liable for the drugmaker's repeated violations of federal laws governing drug-marketing practices that resulted in the company having to pay a US$2.3bn settlement, a union pension fund said in a lawsuit.

Government must implement radical reforms to provide incentives for pension saving, Fair Investment Company says.

An Association of Member Nominated Trustees and Directors is set to be launched this year in response to growing demand within the industry.

UK - An Association of Member Nominated Trustees and Directors is set to be launched this year in response to growing demand within the industry.

GLOBAL - Pension fund assets are still below pre-crisis levels despite improvements, research by the Organisation for Economic Co-operation and Development (OECD) has revealed.

Buck Consultants has made Mike Roberts executive managing director at the firm.

Reforming the Age 75 rule will reinvigorate the retirement income market but care should be taken not to undermine the annuity sector, the ABI warns.