New PMI president

BUS and rail operator FirstGroup employees are set to share a total of £4m through the firm's Save As You Earn scheme.

THE EUROPEAN Corporate Governance Service (ECGS) has backed plans by Dutch firm DSM to introduce a "loyalty dividend".

A risk-assessment tool that enables pension providers to take scheme members' social class and marital status into account when estimating liabilities has been launched.

Fingers point as markets idle

Union claims that the Automobile Association pension fund may invest in the private equity firms that own the car breakdown group have been dismissed.

FORMER London Pensions Fund Authority chief executive Peter Scales has joined EPIC Investment Advisors as a member of its investment panel.

The government's proposed personal pension accounts could be an expensive failure and administrative nightmare, an economic think-tank warns.

PESSIMISTIC predictions about the impact the government's proposed personal accounts will have on schemes are "wide of the mark", delegates heard.

TRUSTEES must seek independent financial advice in the event of impending acquisitions or disposals or face regulatory criticism, Gazelle Pensions Advisory says