News

Nearly half of FTSE100 companies with defined benefit pensions changed their mortality assumptions last year, research by Watson Wyatt shows.

Tax chiefs have won a High Court battle over a "sham" pension scheme transfer.

Professional Pensions will be moving to Incisive Media's head office at Haymarket House, 28-29 Haymarket, London SW1Y 4RX on February 22.

Laurie Edmans has been reappointed as a non-executive director of The Pensions Regulator by work and pensions secretary James Purnell.

UK - The announcement the Pensions Regulator (TPR) could use mortality assumptions made in pension scheme evaluations as 'triggers' has been met with a cautious welcome.

GERMANY/UK - Law firm Wragge & Co has been appointed by two Celesio sponsored company pension funds to advise trustees.

THE Pension Protection Fund is to consult on changing assumptions in a bid to bring section 143 and section 179 valuations in line with pricing in the buyout market.

The £2bn Avon Pension Fund is looking for multi-managers to run two specialist active property portfolios worth a total of £250m.

Private equity creating jobs, says BVCA; Doubts hang over future of Pickfords; UBS posts $13.7bn sub-prime write-down

UK - The UK pension fund buyout market in Q4 2007 increased by more than twice the previous three quarters put together, according to Aon Consulting.