Measures that could make it easier to introduce shared risk pension schemes will be considered by the government and industry in the New Year, Lord McKenzie reveals.
Goldman changes retirement rule; ECI beats buyout gloom to raise £430m; Justice for pensioners; Pensioners must be given tax cut on savings; Buyers terminate C$34.8bn BCE buyout
The department for work and pensions has conducted a third informal consultation on possible changes to occupational pension rules.
Trustees must take a hard line approach to securing assets for the pension scheme should a sponsor go bust, a lawyer says.
UK - Measures that could make it easier to introduce shared risk pension schemes will be considered by the government and industry in the New Year, Lord McKenzie reveals.
NETHERLANDS - A group of pension funds, employers, trade unions and alternative investment providers have issued a series of recommendations to get private equity and hedge funds to regulate themselves more rigorously.
EMPLOYEES are missing out on more than £5bn a year by failing to join company pension schemes, Prudential says.
INCLUDING: US - ERISA breach investigated; FRANCE - CA launches 10 new ETFs; GLOBAL - AIMA appoints non-exec chairman; UK - PGI appoints consultant relations director
UK - The FTSE has confirmed the latest companies to leave and join the FTSE 100 and FTSE 250 indexes.
GLOBAL - Targeting climate change should be made a priority to kick-start the global economy, a group of 140 global investors has said.