News

The 200 largest private sector defined benefit pension schemes lost more than £45bn since the end of August, Aon Consulting says.

THE Conservative Party has called for emergency pension protection in the light of the current troubles in the financial markets.

The National Association of Pension Funds has rebuffed suggestions it is a "big club for defined benefit" schemes.

A new certification will differentiate between above average defined contribution pension schemes and the norm, the National Association of Pension Funds says.

Jeannie Drake has been named as the acting chairman of the Personal Accounts Delivery Authority.

The complete shortlists for the Specialist and Alternative Investment Manager Awards 2008 are below.

Town hall millions may be lost in Iceland; Funds managers welcome confidence boost; Uniq blames lost appetite for profit warning; Henderson seeks investor backing for restructuring

UK/US - Pensions education as a solution to the lack of DC scheme enrolment does not work and is a total waste of money, delegates at UK's National Association of Pension Funds (NAPF) Annual Conference were told yesterday.

UK - The UK's National Association of Pension Funds (NAPF) has announced plans to reward better than average defined contribution pension schemes with a 'Pension Quality Mark'.

GLOBAL - The director-general of the Banca d'Italia Fabrizio Saccomanni has called for the International Monetary Fund (IMF) to become a global monetary and financial watchdog.