News

Lawyers have welcomed the appointment of Tony King as the new pensions ombudsman and believe he will improve the office's performance.

SWEDEN - AP7, the seventh national buffer pension scheme, has revealed it will switch up to 40 % into pure alpha strategies in the next three to five years, according to reports.

UK - British pension funds have been slower to invest in listed property than their global counterparts, claimed Stephen Hayes of boutique manager Perennial Real Estate Investments.

Britain's top 200 pension schemes have an aggregate surplus for the first time since accounting standard FRS17 was introduced in June 2001, research shows.

TRUSTEES of the Dubery pension fund are to appeal a landmark age discrimination ruling in the Court of Appeal, PP has learned.

High Street retailer Marks & Spencer has lost data about changes to employees' pension benefits.

THE PENSION Protection Fund has confirmed its decision not to include investment strategy as a separate risk factor in the risk based levy.

THE government has launched an informal consultation exercise on transitional protections following the abolition of the so-called rule of 85 last year.

FIRMS are increasingly looking at alternatives to cash funding as deficits move into surpluses, PricewaterhouseCoopers says.

TRUSTEES of the Dubery pension fund are to appeal a landmark age discrimination ruling in the Court of Appeal, PP has learned.