News

ITV is consulting over changes to its scheme - including capping the growth of pensionable salary - in a bid to reduce its pension scheme deficit of £538m.

A one-size-fits-all approach to adviser charging principles for group personal pensions must be avoided.

Trustees of the Yell Pension Plan have been found guilty of maladministration for failing to properly explain the grounds on which they concluded a member had left service.

Railpen Investments - which manages the assets of the Railways Pension Scheme -has invested £65m in a global long/short equity fund of hedge funds run by Goodhart Partners.

UK - The value of DIY buy-in and longevity hedge deals struck during 2009 was almost double that of traditional buy-out / buy-in deals during the same period, latest research reveals.

US - The Iowa Public Employees Retirement System (IPERS) is searching for a manager to run a global multi-strategy, multi-asset class investment portfolio that will provide the "alpha" in a portable alpha strategy.

UK - Only three FTSE100 companies - Cadbury, Diageo and Tesco - still offer defined benefit pension schemes to new employees, Lane Clark & Peacock research revealed.

FRANCE- AXA earnings; CANADA- Caisse de dépôt et placement du Québec; AUSTRALIA- Super review panel

INDIA - FTSE Group has partnered with India's stock exchange MCX-SX in order to offer a broad range of domestic and international indices to the Indian market.

The value of DIY buy-in and longevity hedge deals struck during 2009 was almost double that of traditional buy-out / buy-in deals during the same period, latest research reveals.