The Pension Protection Fund (PPF) must ensure that it continues to provide value for money when it comes to investment, especially as more schemes are transferring into its lifeboat, says the National Audit Office (NAO).
A report by the Office says that, while the PPF has managed its assets well and has not been exposed to severe losses in the recession, it must establish a framework for illustrating the sensitivity of output of a long-term risk model (LTRM) it has developed. The model has been developed to assess future liabilities and has, the NAO said, proved resilient to a range of stress tests, and its longer term projections are sensitive to important assumptions.
Pension Insurance Corporation (PIC) has agreed a mammoth deal to insure the benefits for members of the Liberty International Group Retirement Benefit Scheme.
Only two per cent of defined benefit (DB) private sector pension schemes will be open in 2019, estimates Xafinity
If HMRC allows an asset class to be invested in self-invested personal pensions (SIPPs), providers should also, say advisers in a survey conducted by Suffolk Life
The end of 2010 could bring about a pensions deficit of £500bn for the UK’s defined benefit (DB) schemes, warns Xafinity
A BlueBay Asset Management plc (BlueBay) hedge fund manager has been banned and fined £140,000 for mis-marking funds he managed
Pension schemes placed less emphasis on inflation hedging in the last quarter of 2009 (Q4 2009), according to F&C’s latest Liability Driven Investments (LDI) Survey
The Reader’s Digest Association, Ltd. could fall into administration following a decision by TPR not to approve a clearance application by the group
The Pension Protection Fund (PPF) has confirmed that employers it deems to be the most robust against going bust will face a 68 per cent increase in its levy payment for 2011
Record keeping standards must be improved, says the Pensions Regulator (TPR) in a consultation which states required standards for this practice
Former NAPF chairman, Robin Ellison, is to lead the ‘U Party’, a new political group aimed at the centre ground
The Pensions Regulator (TPR) has received a thumbs-up for its risk-based approach to regulation in an independent review by the Better Regulation Executive (BRE) and the National Audit Office (NAO).
NEST is set to fail as it is built on ‘shaky’ foundations, according to Steve Webb, the Liberal Democrats’ front bench work and pensions spokesperson
FEATURES
Hoong Wey Woon on the possible effects that climate change will have on property investment
Scott Warner on the impact that Dark Pools have impact equity markets and their participants
Martin Palmer, head of corporate pensions marketing, Friends Provident, discusses the perils involved in planning for retirement
Christine Senior finds that some SIPP investors are taking the product's investment flexibility capabilities to the limit. But is the adoption of an adventurous strategy a wise move?
Colin Tipping on what the financial crisis has meant for defined contribution (DC) schemes and members
As a collective group, active managers, including unconstrained ones, have not exactly come out of the financial crisis with glowing returns. So how should trustees react? Marek Handzel finds out
