THE BBC Pension Trust has signed up to the United Nations principles of responsible investment.

US - The Delta Pilots' Pension Preservation Organization (DP3) lost its fight to delay the termination of the Delta Airlines pension plan and reached a settlement for the airline to pay retired pilots a minimum collective payment of $77m in return.

JAPAN - The All Japan Liquor Merchants Association is suing Credit Suisse and other parties for Y16bn ($136m) claiming it incurred severe losses after not being briefed on the risks of its pension fund making investments in foreign bonds.

The Pension Scheme of the Year Awards' judges have continued their deliberations and have now drawn up shortlists for 15 categories.

US - Tenneco Incorporated will freeze its defined benefit pension plans and replace them with defined contribution plans in a bid to save money.

GLOBAL - Moves by the major ratings agencies to develop credit and risk ratings on hedge funds have been welcomed by the hedge fund industry.

FOCUS Solutions and EDS Solcorp have launched a combined technology solution to help insurance providers meet growing demand for annuities.

Sellafield workers to strike over pensions; Sheffield Forgemasters returns to profit after PPF rescue; Food prices jump sparks inflation fears

UK - Investment managers looking to enter the LDI space should be aware of the high skill set and cost barriers, Investit Intelligence has warned.

The fight for compensation for pension scheme wind-up victims is based on "weak ground", a consultant claims.