Record low gilts yields are crippling the growth of liability driven investments after aggregate new inflows flatlined at close to zero last year, a report by KPMG shows.

The Pensions Regulator is set to review its regulatory code of practice on scheme funding later this year, PP has learned.

Supreme Court ruling welcomed

Large scale defined contribution schemes such as the National Employment Savings Trust could be run on a collective basis in future, the Pensions Policy Institute says.

Lord Hutton, the architect of public sector pension reforms, has been appointed chairman of a newly launched civil service pension administration firm.

Total UK pension obligations hit £7.1trn at the end of 2010 - including unfunded defined benefit public sector obligations of £900m, national statistics show.

Pension Corporation has completed the buyout of an ancient merchant trade association's defined benefit pension scheme.

A Supreme Court ruling permitting firms to retire workers at a fixed age has been welcomed by experts as an important clarification of mandatory retirement laws.

Strain on local government pensions is speeding up their maturity faster than previously thought, a leading consultant says.

Michael Bow reports from the Public Sector Pensions conference, held in London last week.