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Ten pension funds signed up to infrastructure platformA total of ten pension funds are now signed up to a government-backed scheme to provide investment capital for major infrastructure projects. 19 February 2013
Flood payouts topped £1bn last year, say UK insurersInsurance claims resulting from flood and storm damage reached £1.19bn last year, the highest since 2007, the Association of British Insurers revealed today. 15 February 2013
Time is right to look at using pensions to fund care, say actuariesThis week's government announcement on social care costs should trigger a discussion on whether pension savings can be used to fund the cost of long-term care, according to the Institute and Faculty of Actuaries. 15 February 2013
Insurers' profits take £19bn hit following pre-crash highEurope's general insurance sector saw its profits fall by £19bn between 2007 and 2011, according to analysis published by PricewaterhouseCoopers yesterday. 14 February 2013
Regulator warns over pension liberation 'predators'Savers are being warned against using schemes that promise to release their retirement cash before they reach 55 in a new campaign launched by government and The Pensions Regulator today. 14 February 2013
Pension fund deficits fell £33bn in JanuaryThe aggregate deficit of the UK's defined benefit pension schemes fell by £33bn last month as 'significant' equity market gains drove up the value of scheme assets, the Pension Protection Fund revealed yesterday. 13 February 2013
Insurers need Solvency II certainty, says Treasury ministerUncertainty over how long-term investments by insurers will be treated under Solvency II will need to be addressed before insurers increase their role in financing key UK infrastructure projects, a Treasury minister said today. 12 February 2013
Swiss bank fined £9m for fund failingsUBS has been fined £9.45m by the Financial Services Authority for exposing customers to an 'unacceptable risk' and for failing to deal properly with complaints when it sold an AIG investment fund. 12 February 2013
European pension reform plans 'are unworkable'The European Commission has been urged to dramatically reconsider the approach it plans to use to measure all aspects of a pension scheme's financial situation as part of an overhaul of European pensions legislation. 11 February 2013
MPs call for NEST restrictions to be ended immediatelyRestrictions on who can join the pension scheme set up by the government as part of auto-enrolment should be ended now, MPs said today. 11 February 2013

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FEATURE

Long-term care: coming of ageLife expectancy has hit record levels, but public age-related spending is likely to have to follow suit. Emma McWilliam and Richard See Toh report