News

JAPAN - Japan's public pension fund, the world's largest, plans to cut the number of money-management firms it uses to simplify operations and adopt new benchmark indexes to reduce market impact and lower trading costs.

If the pensions industry wasn't already aware of the dire state of public confidence in UK savings, the National Association of Pension Funds provided shuddering confirmation.

In a recent news story Lib Dem pensions spokesman Steve Webb described NEST as being "doomed to failure" - do you agree?

The expected charging structure for the National Employment Savings Trust has received a mixed reaction.

Tom Selby previews the March 25 edition of Professional Pensions.

Government proposals to reform public sector pensions will not meet Alistair Darling's affordability target, a consultant says.

Actuaries have slammed the government's plan to retain higher-rate tax relief restrictions on pension contributions for those earning more than £130,000 without change.

We like Alistair Darling but, then, some people like Gordon Brown too. But who was the better Chancellor? There's only one way to find out...FIGHT!

AUSTRALIA/CANADA - Australian pension reserve fund Future Fund has terminated discussions with the Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers' Pension Plan (OTPP) regarding their proposal to acquire Transurban Group.

GLOBAL - Pension funds are slowly but steadily returning to the asset backed securities (ABS) market while worthwhile opportunities are becoming more difficult to grab, experts said.