News

SWEDEN - A new report to the Ministry of Finance on the efficiency of the Swedish AP funds suggests merging the four largest funds into a giant SEK745bn (US$105bn) pot and eliminating AP6, the smallest scheme.

UK - The aggregate funding position of the 7400 defined benefit funds monitored by the Pension Protection Fund (PPF) improved to a deficit of £92.5bn (US$150.7bn) in November.

Occupational pensions sales have taken a nosedive as customers defer their pension contributions, Association of British Insurers statistics show.

Yesterday in parliament; Pension scheme still faces shortfall

Sebastian Cheek speaks to Volkswagen Group pensions manager Roy Platten at this year's PP Show about how the scheme's communications strategy helped it acquire the NAPF Pension Quality Mark

Transferring defined contribution benefits into a buyout policy can potentially reduce the value of scheme assets by millions of pounds, Xafinity warns.

The aggregate funding position of the 7400 defined benefit funds monitored by the Pension Protection Fund improved to a deficit of £92.5bn in November.

Mark Rowlands has resigned as AXA head of consultant relations.

UK - Mark Rowlands has resigned as AXA head of consultant relations.

The Pension Regulator's revised trustee knowledge and understanding code of practice has come into effect, setting a minimum standard to help schemes run effectively.