THE government has decided not to appeal against the Pensions Action Group judicial review victory.

UK - The O2 Pension Plan (O2) has appointed BNY Mellon Asset Servicing B.V. to provide global custody, investment accounting, cash management, securities lending and performance measurement services.

NEW ZEALAND - Payments for the National Superannuation scheme are set to rise by 3% on 1 April 2008, the New Zealand government has said.

CANADA - Quebec Superior Court has ruled the proposed take over of Bell Canada Enterprises (BCE) by a consortium led by the Ontario Teachers' Pension Plan (OTPP) can go ahead.

UK pension schemes are increasingly opting for an unconstrained approach to equities in a bid to boost performance, Hewitt Associates says.

Companies face bigger pensions risk levy; F&C turnaround 'will benefit new owner'; Sterling surges through $2 mark as rates held; YouGov to use research from polls to help investors in its new hedge fund

TRUSTEES may be in breach of their fiduciary duty if they do not take climate change into account when making investment decisions, the London Pension Fund Authority warns.

MARKS & SPENCER has agreed to pre-fund £200m of its annual contributions to its UK defined benefit pension scheme for the next three years.

In the first of two critiques, Paul Klumpes gives his response to the UK Accounting Standards Board's recent discussion paper, The Financial Reporting of Pensions

US - The New York City pension funds have filed shareholder resolutions demanding three energy companies disclose what action they are taking to reduce global warming emissions from their power plants.