News

SPECIAL contributions to pension schemes have risen for the third year in a row as companies continue to address pension risk, a joint survey by Mercer and the Association of Corporate Treasurers reveals.

Trustees of the Inchcape Group (UK) Pension Scheme have appointed Punter Southall as actuarial advisers to the £200m scheme.

Workers in unfunded public sector schemes are paying less National Insurance than the private sector leaving the taxpayer with a £3.5bn bill, an expert claims.

Barclays Global Investors has appointed Deborah Fuhr to head up its newly created exchange traded fund research and implementation strategy team.

The aggregate funding position of the 7800 defined benefit schemes monitored by the Pension Protection Fund worsened to a £36.7bn deficit in August, figures show.

The £1.5bn Environment Agency Pension Scheme has appointed three fund mangers to run a £185m global equity brief.

Taxpayers face £3.5bn pensions bill; Pension regulator considers impact on scheme; Ill-defined authority will not protect pensioners; More UK companies turn to asset-based borrowing; Fannie Mae and Freddie Mac rescue sends global stocks soaring

UK - The National Association of Pension Funds (NAPF) has welcomed the government's consultation on risk sharing for pension schemes, but called for greater flexibility on plan design in a research paper.

UK - Barclays Global Investors (BGI) has appointed Deborah Fuhr as head of exchange traded fund (ETF) research and implementation strategy.

GLOBAL - The majority of pension funds view sovereign wealth funds (SWFs) as innovative and ground-breaking investors rather than as competition, show the results of the latest Global Pensions 100 Panel.