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UK pension battle heats up

On Wednesday last week (November 2) the UK Government set out an offer – widely regarded as generous – to workers on public service pensions. However, unions still plan to go ahead with a “day of action” on November 30 – considered to be the widest industrial action in the country since the 1920s.
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Life’s lessons can be applied to pension reform

The UK’s London Pension Fund Authority issued a green paper this week outlining the key ingredients needed to build a better scheme and its successful implementation by 2015. In all corners of the world building a better pension scheme is on the agenda. What then are some of the universal principles for success that all funds can adopt regardless of geography?