INCLUDING: UK - Ex-HSBC chief joins Morley, UK - Better deal for bankrupt funds, CANADA - More OTPP purchases, US - Continental sinks in $75m
THE Pensions Bill - which will introduce the specific measures needed to establish personal accounts - was one of 23 Bills discussed in Gordon Brown's "summer statement".
WARD Hadaway has been awarded a four year contract to provide pensions advice to a range of public sector organisations.
UK - Pension fund investment manager Hermes has decided to offer all of its passive clients the opportunity to receive index-tracking services from Legal & General Investment Management Limited.
IRELAND- The National Pensions Reserve Fund (NPRF) has appointed Hermes Equity Ownership Services (EOS) to represent the fund's global equity interests.
CONSTRUCTION industry employee benefits provider B&CE Benefit Schemes is to increase its retirement benefit scheme rate by 4.3pc.
UK - The Pensions Regulator has welcomed the publication of a library of mortality projections by the actuarial profession, reinforcing the need for actuaries to focus on the most up-to-date assumptions regarding future mortality.
IRELAND - The Pensions Board has welcomed the publication of a pensions green paper by the goverment in September as an opportunity to cement ongoing debate on the issue.
FOUR out of five of the UK's defined benefit schemes are closed to new entrants, a survey by the Association of Consulting Actuaries reveals.
CANADA - The Common Front for Retirement Security (CFRS) has recruited 14 organisations to fight for better governance of pensions, investments and savings.