Opinion

Over the last ten years there has been little or no return on buying and holding shares in the US, UK, Western Europe or Japan.

The Arc de Triomphe - which honours those who fought and died for France in the Revolutionary and Napoleonic wars - includes a list of French victories engraved under the great arches of the monument.

The bonfire of the quangos could have resulted in the loss of an important industry institution, The Pensions Advisory Service.

The government announced its long-awaited plans for restricting pensions tax-relief last Thursday - replacing the complex legislation put in place by the last administration in the Finance Act 2010.

The £1.5bn that the government has put on the table to settle the long-running Equitable Life saga is a good deal.

This week, letters from Mark Nicoll, investment partner at LCP and trustee and investment committee chairman, David Northcroft

News that the National Association of Pension Funds has closed its defined benefit scheme to new members cannot come as a total surprise to readers of Professional Pensions.

There are basically only three ways to reduce the costs of public sector pensions: raising contributions, increasing the pension age or cutting benefits.

Trustee life coach Brian Holden updates his views on fund gover­nance following the publication of his independent report in November 2008

Fears of a double dip recession in major economies and the emergence of a "two-speed" global growth scenario has raised investors' interest and engagement in currency markets.