RSA Insurance Group and its UK pension schemes' trustees have insured £1.9bn of the schemes' liabilities with Goldman Sachs.

Pension trustees face struggle to deliver; Resolution in takeover move for Friends Provident

UK - Friends Provident has categorically rejected an acquisition proposal by Resolution, a bid vehicle set up by entrepreneur Clive Cowdery to target UK insurers and asset managers.

Media group Archant has proposed to cap its final salary scheme in order to reduce a deficit of £43m.

Engineering company TRW has proposed to shut its final salary scheme to future accrual for existing members.

Friends Provident has categorically rejected an acquisition proposal by Resolution, a bid vehicle set up by entrepreneur Clive Cowdery to target UK insurers and asset managers.

The number of schemes asking advisers to consider climate change in their recommendations has increased significantly over the past year, the Institutional Investors Group on Climate Change annual report reveals.

US - Hedge fund manager Gregory Bell and his firm Lancelot Management have been accused by national prosecutors of facilitating a multi-billion dollar Ponzi scheme allegedly operated by Minnesota businessman Thomas Petters.

Azzurri Communications has implemented online flexible benefits for their 700 employees and aligned its 17 pension schemes.

Schemes holding index-linked gilts as a match to pensions in payment need to be aware that deflation will hit their returns, First Actuarial warns.