News

GLOBAL - More than half of pension funds in Europe and the Americas have implemented some sort of liability driven investment (LDI) strategy in their portfolios, a poll by fiduciary manager SEI found.

UK - The Bank of England would like to see more uptake of index linked gilts by institutional investors, but appetite for the paper does not seem to be there.

UK - Uncertainty in inflation assumptions may have led FTSE 350 companies to collectively overstate or understate their pension liabilities by as much as £40bn (US$59.4bn), according to Mercer.

IRELAND - The head of the Irish government Brian Cowen yesterday said he would ensure those depending on the state pension would "not be adversely affected" by budget cuts in December.

EUROPE - The Carbon Disclosure Project (CDP) has launched a new programme to help pension funds understand water-related investment risks.

Pinsent Masons head of strategic development - pensions Robin Ellison told delegates to "watch this space" and in the next 12 to 18 months there will be more companies offering services to manage class actions. He said courts in the UK and Europe were...

Taking the time to issue personalised benefit statements can have a huge impact on improving member engagement with occupational pension schemes.

Employers should be looking to get regular feedback from members to ensure flexible benefits packages remain relevant.

Trustees must "mind the gap" between the sponsoring employer and scheme members, delegates heard.

The pension fund industry is behind other sectors in data protection compliance, Wragge & Co says.