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Goldman unit insures GM’s UK pension fundReutersGM’s UK retirement plan is paying Rothesay Life for a form of investment policy that will generate income to cover payments to its 11,000 members, they said on Thursday.

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The GuardianUK drops down EU living standards league tableThe GuardianUsing GDP per head as a yardstick, the UK was 10th in the EU table of living standards in 2011, a rating unchanged on the previous year.

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IPE.com (registration)PFZW to stand by indexation promise in pensions contractIPE.com (registration)Peter Borgdorff, the scheme’s director, said: “In addition, we will keep on steering with the contributions, which will only be lowered after we…

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Wall Street Journal (blog)Teacher Pensions UnfundedWall Street Journal (blog)U.S.

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UK manufacturing output sees sharp fall

Output fell by 1.3% from September, the Office for National Statistics said, with food and drink output, notably beer, down following the Olympics.

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It has been proposed to set up a permanent independent commission to set out a long-term objective that governments must follow (RT @BellpennyPeople: RT @jeffprestridge: Time for depoliticisation of pensions – Prestridge in the splendid Financial …

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