gilts

CAMPAIGNERS WILL gear up for a battle for government compensation for 85,000 people who lost pension benefits when their occupational schemes were wound up, reports The Financial Times .

THE COUNTRY'S THREE main business groups have slammed the Chancellor for overseeing a collapse in the country's international competitiveness and called on him to slash corporation tax in the Budget, reports The Daily Telegraph .

An increase in the level of government inflation-linked bonds may not be enough to satisfy demand by pension funds, claims Watson Wyatt.

WILLEM Buiter, a former member of the Bank of England's monetary policy committee and professor at the London School of Economics, yesterday called for an end to the regulatory regime that is forcing pension funds into buying long-dated government bonds...

ALL OF STANDARD Life's seven-million-strong global customer base could be offered shares in the company on a preferential basis next year, in a flotation deal much bigger than that initially considered, according to this morning's Scotsman .

Falling gilt yields since the summer have forced NS&I to cut its payouts on fixed income products.

Computershare, the online registrar services provider already used by listed firms and private shareholders, has won the Treasury tender to be the registrar of government debt issued as gilts.

DAVID WILLETTS MP, shadow secretary of state for work and pensions, will tonight announce Tory plans to scrap the three-quarters pension rule towards a compulsory annuity, says this morning's Daily Telegraph .

Britain's financial services industry has a £218m bill from the Financial Services Compensation Scheme to bail out victims of mis-selling and insurance company failures, says this morning's Guardian newspaper.

Mortgages could become the new asset class for annuity liabilities when the shortfall in long-term gilts becomes more apparent, suggests the Actuarial Profession.