Investment

Trustees of the Thorn pension fund have completed a landmark £1bn buyout transaction with Pension Insurance Corporation.

I am told a recent reunion of the Class of 1978 appears to have spawned what, in the context of that time, would be seen as a "Butterflies"-like relationship between two old school chums.

Private pension plan assets have fallen by around $5trn across the OECD over the past year.

Positive steps have been made to address pension deficits through the scheme funding regime, and clearance activity is on a downward trend, latest Pensions Regulator data shows.

The Chancellor's Pre-Budget Report amounts to a £2.3bn raid on pension schemes, according to Skandia.

Measures that could make it easier to introduce shared risk pension schemes will be considered by the government and industry in the New Year, Lord McKenzie reveals.

The Consulting Consortium (TCC) has announced it will offer a free pension transfer review to advisers.

Almost 70% of employees believe they will take up auto-enrolment into an occupational pension from 2012, government research claims.

Defined benefit pension scheme deficits have more than doubled over the past year, with a shortfall of £155bn in November, according to figures from the Pension Protection Fund (PPF).

The Government's decision to cut VAT and then raise it again could add around £3bn to defined benefit pension liabilities, Watson Wyatt warns.