Pension funds

As many as 43% of pension fund schemes have no overall risk-mitigation strategy, research by HamishWilson suggests.

Latin American pension funds have been dropping mutual funds and tapping emerging markets ETFs to gain exposure to non-domestic equities, according to industry figures.

Dull Thursday morning, but then something brightens my day!

Investors are braced for their dividend income to fall by 13% this year as Britain's quoted companies horde cash to ride out the recession, reports the Guardian.

JUST 100 FIRST-TIME buyers have taken out mortgages under the Government's pioneering shared-equity home ownership scheme with the private sector, according to the Daily Telegraph.

One fifth of the population believe they can survive on a retirement fund of less than £50,000, equivalent to £44.24 a week.

NORWICH UNION is again cutting payouts on maturing mortgage endowment policies, even though its main with-profits funds returned 17.7% before tax last year, says this morning's Guardian .

A number of Swedish institutional shareholders have rejected Old Mutual's bid offer for Skandia, citing too low a price and uncertainty over the level of benefits the proposed business model would bring.

BANKS WILL relax their grip on the first claim for collapsed companies' assets, says this morning's Times, in an attempt to ensure workers and pensioners do not lose their retirement savings.

Balanced pooled funds continue to claw back earlier losses with a 2% increase in the first quarter, representing the eighth consecutive positive return, according to investment services firm Russell/Mellon.