News

Hewitt Associates has appointed Anne Swift as chief investment officer within its UK defined contribution team

Annuity income under threat from CEIOPS proposals

EUROPE - Proposed Solvency II implementation guidelines could significantly reduce annuity rates, consultants said.

Level annuity rates are holding steady in July with several firms vying for top of the table, Alexander Forbes Annuity Bureau says.

The government is to amend its anti-forestalling proposals, increasing the protected annual contribution from £20,000 to £30,000 ahead of pension tax relief reduction in 2011.

Greenhouse gas emissions of pension funds' UK equity portfolios range from 209 to 1487 tonnes per million pounds invested, latest research reveals.

NETHERLANDS - ABP's interim chairman Harry Borghouts has stepped down from his role on the board amid controversy relating to his position in a separate post as the Queen's commissioner in the Noord-Holland province.

Royal Mail's pension scheme could be closed; Cost of judges' pension pot doubles in 5 years, Top five at BBC get pension pots 'worth up to £26m'; USS call on hedge funds to protect investors

Mercer has hired Katharine Photiou as a principal in its strategic benefits consulting and delivery team.

HUNGARY - The long term problems of Hungary's pensions system have been highlighted and exacerbated by the current financial and economic crisis, according to the Organisation for Economic Co-operation and Development head of pension policy analysis Edward...