Pension schemes are increasingly using online tools to communication with members, a Capita Hartshead survey reveals.

BAE Systems has moved to dismiss a court case filed by the Michigan City of Harper Wood Employees Retirement System over allegations of bribes paid to a member of the Saudi Arabian royal family in exchange for securing lucrative arms contracts, claiming...

FundQuest, the multi-manager owned by BNP Paribas, has confirmed to Global Pensions it is considering unbundling its fee structure, following on from the recent acquisition of UK based IMS.

In the US, the National Institute on Retirement Security (NIRS) has warned defined contribution (DC) plans are inherently more vulnerable to economic hardship and deliver significantly less secure retirement benefits than defined benefit (DB) schemes....

UK - A majority of trustees are bullish about the long term prospects for their pension schemes, with over half (58%) of those currently in deficit believing they will be in surplus in a decade, according to research from Aon Consulting.

The significant number of pension scheme buyouts in recent months is just the "tip of the iceberg", Watson Wyatt says.

IRELAND - The Office of the Comptroller and Auditor General (C&AG) has placed out a tender for an actuary to conduct a wide ranging review of the Irish Public Service Pensions.

Hornbuckle Mitchell has reported strong first quarter sales with an increase of 14pc in new self-invested personal pensions compared to last year.

UK - The Financial Reporting Council (FRC) has issued two discussion papers aimed at highlighting the need for improving standards across the actuarial industry to allow users of actuarial services to be confident in the information received.

Funding for a series of pensions education projects will be extended until March 2009, the government announced.