News

SPINNAKER Group has launched a low-cost master trust which, it says, can lead to big savings for defined contribution schemes.

Conservatives are calling for a parliamentary vote to approve Paul Myners as head of the personal accounts delivery authority amid accusations of "cronyism".

ENTIRE trustee boards - not just individual trustees - should have sufficient knowledge to run a scheme, the department for work and pensions' deregulatory review recommends.

NETHERLANDS - Bedrijfspensioenfonds voor de Koopvaardij (Merchant Navy Pension Fund) has chosen ABN AMRO Mellon Global Securities Services as global custodian for assets valued at €1bn.

THE NUMBER of pension schemes using derivatives to hedge liabilities has trebled over the last year, research shows.

In recent months a number of press articles have suggested the funding levels of many pension schemes...

People are too young to buy a lifetime annuity at 60 or 65, retirement planning firm Living Time says.

The Investment Management Association has challenged Europe to create a "level playing field" for fund management firms wanting to enter the pensions market.

UK - Penny Green, the past president of the Pensions Management Institute (PMI) and chief executive of Superannuation Arrangements of the University of London (SAUL), has joined BESTrustees team of independent trustees.

Investors will be able to access different parts of the oil futures curve through the launch of six new exchange-traded commodities.