News

ITV is set to begin consultation with trustees and staff over possible changes to the defined benefit sections of its pension scheme.

CONTRACT based defined contribution schemes in the FTSE100 provide excessive investment choice compared with trust based DC alternatives, a Watson Wyatt survey reveals.

Independent financial advisers can play a crucial role in keeping company pension schemes out of the Pension Protection Fund, Occupational Pensions Trust says.

DC pension schemes no better than cash savings account, claims study; MPs to grill bank guardians in RBS pension row; Government by vendetta: I remember it well; Myners denies backing Goodwin pension

Prudential's 2008 corporate pension sales totalled £249m on an annualised premium equivalent basis and were up 1% year-on-year, figures show.

EUROPE - Crédit Agricole Structured Asset Management (CASAM) has launched a range of 11 exchange-traded funds on NYSE Euronext - boosting its total offering of ETFs to 35.

SPAIN - The profitability of Spanish pension funds has fallen by 4.1% since the beginning of year, Mercer's Pension Investment Performance Service has found.

AUSTRALIA - The superannuation industry, led by custodians, will pursue a 'back to basics' agenda over the course of 2009, the Australian Custodial Services Association (ACSA) has said.

Falling markets have left some investments in defined contribution schemes worth less than the cash contributions made into them, PricewaterhouseCoopers says.

Hymans Robertson has promoted five of its investment and longevity risk management staff to partner.