News

Fewer than half of women, 47%, are saving adequately for retirement compared with 59% of men, a Scottish Widows report reveals.

Pensioners to get £2.40 a week interest in state pension from April; Final salary pension plans urged to take more risks

The aggregate funding position of the 7400 defined benefit pension funds monitored by the Pension Protection Fund improved to a deficit of £148.9bn this month.

Defined benefit schemes are increasingly looking at de-risking options as they struggle to match liabilities through investment performance, Lucida research reveals.

ITM has appointed Phillip Bretnall as director with responsibility for the management, development and delivery of consulting services in London.

Members of struggling defined benefit schemes could lose out on £150m of benefits unless the trustees take control of their investment strategy, a consultant warns.

ITV has started preliminary discussions with the trustees of its pension fund over a partnership arrangement under which one of its subsidiaries would provide asset backing to the scheme.

UK - Pension fund apathy on environmental issues twinned with short-term analysis of the problem has suppressed the inclusion of climate change in investment decision making, new research showed.

BELGIUM - The European Fund and Asset Management Association (EFAMA) - the representative body for the European investment management industry - has announced the creation of the "President's Advisory Council".

CANADA - The Canadian Union of Public Employees (CUPE) said it will lobby for an overhaul of the Canadian pension system, calling for mandatory pension participation, a national system of pension insurance, and expanding the mandate of the Canada Pension...