US - The Public Employee Retirement System of Idaho (PERSI) has decided not to divest from Sudan despite recent state and national calls to do so.

Investment and risk consultant Cardano has opened a London office to provide UK schemes with an alternative to established firms.

Treasury fears over tax relief on personal accounts could result in them becoming a privatised version of state benefits, Grant Thornton warns.

THE CONCLUSIONS of the department for work and pensions deregulatory review of occupational pension schemes have been published.

THE ALTERNATIVE Investment Management Association has launched an investor steering committee for the hedge fund industry.

Pensions for around 26,000 Gurkhas will be boosted by an average of 19pc, the ministry of defence says.

City law firm Freshfields Bruckhaus Deringer faces a raft of age discrimination claims if it loses a case brought by former restructuring head Peter Bloxham.

Ministers are planning to waive tax charges on payments made to pensions from with-profit policies.

FRIENDS PROVIDENT and Resolution have agreed the terms of their merger which will see the creation of new life company worth £8.6bn.

Plans to set up a "lifeboat fund" for scheme wind-up victims have been blown out of the water by the government.