News

AUSTRALIA - Superannuation fund, Sunsuper, has reported record contribution levels and another year of double digit returns in 2006 and 2007.

Paternoster survey a step in the right direction

Schemes could create a new asset class for traded life policies, Managing Partners Limited says.

PRIVATE sector pension schemes are withering on the vine while public sector workers continue to receive gold plated pensions, the Liberal Democrats claim.

Pensions ombudsman David Laverick has used his final annual report to highlight concerns over the regulation of independent trustees.

Rising government bond yields increase the risk of turbulence in financial markets, Legal & General Investment Management warns.

More than a third of schemes find it difficult to recruit trustees and changing legislation will make the situation worse, Mercer Human Resource Consulting claims.

More than 80pc of pension scheme administrators are concerned about their readiness for e-filing, which become mandatory in October, a survey shows.

ONLY 13pc of IFAs plan to rely on conventional annuities as their main source of retirement income while 8pc plan to continue working indefinitely.

US - The new-found surplus of defined benefit (DB) plans in the US may be built on rocky foundations, according to Societe Generale Asset Management (SGAM).