News

GOVERNMENT must reduce regulation if defined benefit pension schemes are to survive, latest research by the National Association of Pension Funds shows.

NEW ZEALAND - The CEO of the New Zealand Superannuation fund has warned that the portfolio's recent strong performance which has seen it grow from NZ$10.1bn to $13.1bn is unsustainable every year.

ABN Amro Asset Management has launched an absolute return bond fund to help schemes reduce volatility and increase interest rate and foreign exchange strategy returns.

Including: ASIA - Pictet appointment; UK - DB members feel safe

UK - The BT Retirement Plan has confirmed that it has sacked Barclays Global Investors (BGI) as its active equities manager due to poor performance.

The occupational pensions industry has become swamped by regulatory change and a massive increase in red tape. But has it improved the day-to-day running of occupational schemes? The answer from most practitioners has generally been negative.

A self-invested personal pension provider has pledged its commitment to in-specie contributions despite A-Day tax rules making them more complicated.

CANADA - Actuaries have called on the government to implement a 10-point plan to help millions of Canadians save for an independent retirement and reverse the decline in defined benefit (DB) plans.

The Pensions Regulator's proposed principles-based clearance guidance needs more work to ensure it is adopted smoothly, a consultant claims.

Media group Emap is considering the sale of its pension fund to a third party, sources suggest.