United Kingdom

UK - Strong de-risking demand from UK pension funds drove a 36% increase in Legal & General Asset Management's liability driven investment funds last year, results show.

UK - The Organisation for Economic Co-operation and Development (OECD) today recommends the UK government further increases the state pension age (SPA) to combat rising costs.

Jaishree Kalia reports that interest in hedging the longevity risk of active members could soar internationally following the news of the world's first such hedge being used in the UK

UK - Buyout deals totalled £8.1bn ($13bn) last year, with £1.6bn of this business written in Q4 alone, research by JLT Pension Capital Strategies shows.

UK - The switch from RPI to CPI for pension indexation moved one step further in the legislative process yesterday after it was approved in the House of Lords.

UK - The Department for Work and Pensions must avoid the "bear trap" of setting rigid rules to govern default funds, AllianceBernstein warns.

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UK - The Pension Protection Fund will modify how it calculates investment and insolvency risk to ensure a "stable and more predictable" levy for schemes, its chief executive says.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.

EUROPE - Sovereign bondholders will be relegated down creditor lists if European policymakers push through plans for a bailout mechanism, Standard & Poor's warned.