UK - The House of Lords voted overwhelmingly to keep the age of compulsory annuitisation at 75 during the latest Pensions Bill debate.
NORWAY - The City of Oslo has proposed lending its municipal pension fund NOK1.24bn (US$184.9m) to shore up its funding level.
UK - The Pension Protection Fund deficit could increase as more firms become insolvent, the lifeboat fund admitted today.
INCLUDING: GLOBAL - Fitch changes AEGON outlook; UK - P-Solve expands governance business; NETHERLANDS - DNB reports life and pension figures; UK - Pensions advice crucial
US - New York City pension funds dropped in value by 8.5% in Q3, but comptroller William C. Thompson Jr. said its diversification strategies had helped it weather the storm better than other public funds.
Employers need to help staff manage the effects of extreme market volatility on defined contribution pensions, PricewaterhouseCoopers says.
Pensions values decline by third; Dutch government injects €3bn into insurer; Banks may need further support from taxpayers as recession bites; London rises after Aviva reassures on capital; Distressed debt funds maintain tight secrecy as offerings abound...
More than 52 signatories to the Principles for Responsible Investment are urging 9000 companies to sign up to the UN Global Compact initiative.
The trustees of the Sensient Technologies pension scheme have appointed Premier Pensions Management to provide consulting and administration services.
Financial sector workers and members of Unite the union were striking outside the House of Commons this morning to campaign for better pension protection measures.