UK - Warwickshire County Council pension fund has been forced to take a £5m ($8m) loan to fill a cash shortfall after austerity measures put a strain on its cash flow.

Warwickshire County Council pension fund has been forced to take a £5m loan to fill a cash shortfall after austerity measures put a strain on its cash flow.

More than 90% of institutional investors now vote on shares they hold in UK companies due to increasing adherence to the UK Stewardship Code, a survey reveals.

Senior local government officials have written to government minister Eric Pickles warning him maintaining a final salary link for past service in LGPS is unfair to local council taxpayers.

Just one in two people in the UK plan to fund their retirement through a pension, research shows.

The government must take "urgent" action to clarify public sector reforms and end the uncertainty engulfing its plans, the National Association of Pension Funds says.

A £1.3bn plumbers' pension scheme is urging Steve Webb to ditch plans to scrap contracting-out rebates because it will put it into direct competition with NEST.

Scrapping contracting-out for defined contribution schemes will drain more than £50bn from the pensions industry leading to a "significant" reduction for administrators and fund managers, government says.

Devon County Council pension fund has signed up to a class action monitoring service provided by a US law firm in a bid to recoup funds lost through corporate fraud.

Lord Hutton has warned the momentum of public sector pension reform could suffer because his commission was disbanded immediately after delivering its report.