News

DENMARK - The government's measures to prevent pension funds from offloading mortgage bonds has helped strengthen the Danish economy, the OECD said.

US - A Congressional vote yesterday cleared the way for pension funds and other shareholders to nominate board directors.

UK/US - Pensions trade bodies in the UK and US have agreed to share information they believe will help them strengthen defined benefit schemes.

UK - Legal & General is investigating entering the longevity swap market in the first quarter of 2010.

Pensions deal to prevent dumping; Aviva remains upbeat despite 25% drop in UK sales

Less than one in five people would remain automatically enrolled in personal accounts when they are implemented in 2012, according to AXA.

The deficit of the Pension Protection Fund increased to £1.2bn in the 12 months to March, its annual report reveals.

Pensions trade bodies in the UK and US have agreed to share information they believe will help them strengthen defined benefit schemes.

Hymans Robertson has appointed James Entwisle as managing partner.

Legal & General is investigating entering the longevity swap market in the first quarter of 2010.