News

With the increased complexity surrounding DB investment and growing competition from other providers, investment consultants are being forced to evolve their model or face an uncertain future. Jenny Blinch reports

Keren Holland talks to Partha Dasgupta of the UK's Pension Protection Fund (PPF) about long term risks, the PPF levy, and industry attitudes towards the PPF's work

Defined contribution scheme members must wake up to the consequences of increased longevity and make more effective retirement plans, BlackRock says.

US - Shell has agreed in principle to settle a long running class action suit with two US pension funds, in a deal that will cost the firm at least US$80m.

SPAIN - BBVA Fondo de Empleo has announced it will invest 5% of its pension fund assets into alternatives.

MEASURES to increase the level of payments by the Financial Assistance Scheme are to be fast-tracked, minister for pensions reform Mike O'Brien announced today.

US - The Canadian Pension Plan Investment Board (CPPIB) has appeared before two Congressional Subcommittees in Washington to argue against CPPIB being lumped together with sovereign wealth funds.

THE National Association of Pension Funds has launched a toolkit in a bid to help trustees assess the performance of investment consultancies.

NEW ZEALAND - Lower than forecast returns for the New Zealand Super Fund contributed to the country's operating balance showing a deficit at the end of January.

SCHEMES are not using matching or hedging strategies to reduce liability risk, Pension Protection Fund research reveals.