UK - James Purnell, the Minister for Pensions Reform, has welcomed the findings of the Thornton review - despite a lack of support from the Association of British Insurers (ABI) about proposals to merge the Pensions Ombudsman (PO) and Financial Ombudsman...

THE INVESTMENT Manage­ment Association has changed its definition of cautious managed sector funds to boost understanding among trustees and investors.

PAN Trustees has expanded its services to include the provision of expert personnel for governance committees suggested by The Pensions Regulator.

Benefits under the state-backed Financial Assistance Scheme should be funded to the same limits as the industry's Pension Protection Fund, consultants claim.

STAFF at the BBC have been given a range of discounted retail vouchers for more than 100 high street stores as part of their voluntary benefits package.

Time to rally behind trustee champion

A WINDFALL tax on private equity should be introduced to cover the liabilities of insolvent schemes, a union claims.

Alistair Wilson Head of institutional business, Neptune Investment Management Wilson joined Neptune...

US - The financially stricken Pension Benefit Guaranty Corporation (PBGC) has revealed it is setting up a panel of advisers to tackle companies head on in the battle over pension fund obligations.

SEILERN Investment Management has launched a America fund in a bid to target large cap firms with good earnings growth potential.