United Kingdom - July 14 2010 Hot on the heels of controversial announcements that public sector pension schemes will be increased in line with the Consumer Prices Index (CPI) instead of the Retail Prices Index (RPI), Steve Webb, the Minister of State for Pensions, issued a written ministerial statement last week confirming the Government's intention to use the CPI in place of the RPI when setting increases for all occupational pensions.
United Kingdom - October 13 2011 At the end of last week, pension fund investors had to digest the news of further quantitative easing from the Bank of England (and work out what effect that might have on their liabilities because of the likely pressure on gilt yields).
United Kingdom - March 4 2011 The last few months have seen a plethora of announcements, consultations, draft legislation and of course plenty of speculation.
United Kingdom - May 11 2010 With effect from 6 April 2011 individuals with an income of £180k or more will become subject to legislation which is designed to reduce the value of the tax relief on their pension contributions to registered pension plans from 50% to 20%.
United Kingdom, USA - May 8 2009 You will have read in the news that a number of local authority pension funds are participating in a class action against RBS in the US.