News

AMENDMENTS to the Pension Bill to introduce measures to further protect the benefits of scheme members were announced by the government today.

PENSION CORPORATION has appointed Philip Moore as group finance partner.

DEFINED benefit pension scheme funding levels have not been hit as hard as stock market falls would suggest, Mercer says.

THE Universities Superannuation Scheme is set to increase its allocation to alternative investments.

Schemes risk ‘toxic' asset losses; UK pensions beat the crash; Express group closes final salary pension scheme; Half UK staff have no pension

Consulting and business services group Mouchel has appointed Hammonds to advise its pension schemes.

UK - Trustees must respond to the threat of corporate insolvency and should consider their exposure to counterparty risk, Mercer warns.

THE General Lighthouse Authorities for the United Kingdom and Ireland have appointed Hymans Robertson to help modernise their pension arrangements.

GLOBAL - Private equity investments have experienced sharp falls in returns over the course of the year, while equity markets may be about to bottom out and could represent value, asset managers claim.

AUSTRALIA - The Future Fund, the country's reserve for future superannuation payments, delivered a return of -1.81% over the first quarter of the year.