GLOBAL - Institutional investors, including pension funds, should accept some degree of responsibility for the investment practices which have cause the global economic crisis, the UN Principles for Responsible Investment (UNPRI) Initiative has said....

Goodwin will not be allowed to keep his pension says Harman; Pensions plug the credit gap; Pension funds long-term view demands active role; Bill allows increased private stake in Royal Mail

GLOBAL - The International Corporate Governance Network has called on companies to ensure they demonstrate that they have appropriate systems in place to detect bribery and corruption.

THE £23bn Universities Superannuation Scheme has made the first hire for its planned move into hedge funds.

Up to a fifth of council tax income is spent on funding public sector pensions, information from pressure group Tax Payers' Alliance reveals.

Fidelity International has enhanced its range of online defined contribution planning tools to help members target retirement saving more effectively.

Cuts in pension staff will be "key" to a restructuring at Legal & General, the insurer says.

UK - A war of words has erupted between former RBS chief executive Sir Fred Goodwin and city minister Lord Myners after the ex-banker refused to give back some or all of his £650,000 (US$922,600) a year pension.

US - President Obama's outline budget proposal will bring in automatic enrolment to Individual Retirement Accounts (IRAs) and extend the Saver's Credit for 401(k) plans - a move that could dramatically increasing saving rates among lower paid workers....

Goodwin stands firm over his £16m pension; One fifth of council tax goes on local authority final salary pensions; Lloyds reports HBOS loss of £10.8bn