MP's Pension Pot Top-up; Massive fraud at SocGen jolts credit markets

US - Ohio attorney general Marc Dann has accused Freddie Mac of "intentionally participating in one of the largest housing investment deceptions in modern US economic times", in a lawsuit filed on behalf of the Ohio Public Employees Retirement System...

SCOTTISH LIFE has added four investment managers and 16 funds to its core investment range.

Financial services giant Prudential has betrayed pensioners by reneging on an agreement to raise benefits in line with price inflation, the scheme's retired manager claims.

UK - Almost nine out of ten defined contribution (DC) scheme experts believe employees look for workplace advice on pensions.

SWEDEN - Pension funds look financially healthy enough to be able to ride out most of the negative effects of the current economic climate, according to research conducted by the Swedish Finans Inspektionen (FI).

UK - The new secretary of state for work and pensions James Purnell says he will be getting on with the big decisions for the future, following Peter Hain's resignation yesterday.

EUROPE - Defined contribution (DC) pension schemes offer the most appropriate means to create a single European market in pensions, according to a report from the European Fund and Asset Management Association (EFAMA)

Former pensions reform minister James Purnell will take over as work and pensions secretary after Peter Hain resigned.

"Magic circle" law firm Clifford Chance has amended its pensions package to protect itself against age discrimination claims.