News

Schemes using liability-driven investment strategies could have misjudged their swap contract costs for more than four years due to the LIBOR manipulation scandal.

The industry has urged the National Association of Pension Funds to take care when designing its "pounds and pence" charging code to avoid too much focus on low charges.

UK defined benefit liabilities have stabilised for the fourth month in a row, according to a Xafinity Corporate Solutions model.

Joint life annuities still have a role to play according to the Pension Advisory Service.

The National Union of Mineworkers pension scheme has taken advantage of historically low gilt yields to secure a buy-in with Metlife Assurance.

The Pensions Research Accountants Group has presented awards to three schemes on the strength of their summary reports to members.

Pension Corporation has received £400m of new capital from Luxembourg investor Reinet Fund - taking the value of the insurance business close to £1bn.

Some of the UK's top firms have been forced to up their longevity increase assumptions after underestimating the rate at which their scheme members' life expectancy is improving, Hymans Robertson said.

Banks should be subject to the same level of scrutiny as the trustees of pension funds, a consultancy says.

Barclays' submission of a memo to the Treasury Select Committee has revealed how Bank of England officials advised the bank on LIBOR.