WOMEN are failing to secure their financial future because they are confused by the pension system, new research shows.
WORKERS could become trapped in "high charging, poor value personal pensions" if the government refuses to allow transfers into personal accounts, unions warn.
A distinguished panel of leading scheme managers and trustees has been assembled to decide the winners of the UK Pensions Awards' special 10th anniversary accolades.
UK - The London Pension Fund Authority (LPFA) is upping the amount of cash it allocates to forestry.
BUCKINGHAMSHIRE County Council Pension Fund has appointed ABN AMRO Mellon Global Securities Services to provide global custody, investment accounting and performance measurement solutions.
GOOD generic advice is essential if personal accounts are to succeed, consumer magazine Which? says.
CANADA - Alberta Investment Management is to be separated from the Department of Finance to manage public monies including the province's C$26.95bn of pension fund assets as a stand-alone entity.
US - Some US$133m in unclaimed pension benefits for over 30,000 people owed money from terminated defined benefit (DB) pension plans is being held by the Pension Benefit Guaranty Corporation (PBGC).
Guarantees from scheme sponsor parents used as contingent assets could be worthless unless they are monitored regularly by trustees, lawyers warn.
Trustees are increasingly being bombarded with responsibilities and must share their experiences if they wish to succeed, delegates to the PMI's spring conference heard.