News

Level annuity rates continue to decline in October as the top two providers slash rates, according to Alexander Forbes Annuity Bureau.

The Pension Protection Fund has appointed Dick Barfield as a non-executive director board member.

Aviva wants end to higher rate tax relief on pensions; Women ‘will not face sudden rise in pension age'; Increases in the retirement age could save us from decades of moping; How to ensure Tory pension sums add up; Pensions: Age-old dilemmas

T. Rowe Price has launched its first global fixed income absolute return strategy.

ASIA - Asian institutional investors have been questioning the use of external managers in their US$5trn pots after their internal portfolios largely outperformed those of outside managers over the past year.

GERMANY - UK asset manager Aberdeen Asset Management has consolidated its German businesses under one umbrella company to bring together its sales and distribution teams.

GLOBAL - Sponsor defined contribution (DC) retirement plans are widely adopting automatic enrollment together with other automatic features designed to boost employee participation and limit the number of decisions employees need to make, a survey by...

US - The California State Teachers' Retirement System (CalSTRS) is searching for an investment consultant to advise the scheme's investment committee.

UK - The volume of buyout transactions will rise to £5bn (US$7.9bn) in 2010 as prices become lower and more stable, the Society of Pension Consultants predicted.

UK - Conservative Party plans to accelerate the increase in the state retirement age have been backed by senior industry figures.