Investment

The ruling in the long-running Imperial Décor case has left the government in breach of European law obligations, Eversheds says.

Liberal Democrat pensions spokesman Steve Webb talks to Tom Selby about being the party who asks the awkward questions.

UK - The Conservatives voted against a batch of regulations governing auto-enrolment in a House of Commons committee yesterday.

CANADA - The Ontario Municipal Employees' Retirement System posted returns of 10.6% in 2009, but its scheme deficit still increased more then five-fold over the year to C$1.5bn (US$1.45bn).

The government should tackle the Pension Protection Fund's £1.2bn deficit by halting automatic increases in compensation payments, a consultant says.

Taylor Wimpey has announced it is consulting with members of the George Wimpey Staff Pension Scheme about closing the scheme to future accrual.

UK - ITV has reported gains totalling £110m (US$165.4m) from initiatives aimed at reducing the future costs and risks of operating its pension schemes.

ITV has reported gains totalling £110m from initiatives aimed at reducing the future costs and risks of operating its pension schemes.

Arriva has seen its pension liabilities fall by £47m after capped future benefit accrual in one of its schemes.

NORWAY - The Ministry of Finance has introduced two new sets of ethical guidelines for responsible investment practices at the Government Pension Fund Global and its asset manager Norges Bank.