Investment

US - Exxon Mobil poured US$3bn into its pension scheme during the second quarter, David Rosenthal, secretary and vice president of investor relations said in an earnings call yesterday.

Fiduciary managers are teaming up with the National Association of Pension Funds to develop a standard definition of the service, set to be revealed next year.

I am writing this from a very rainy Lake District, where I am helping my mother convalesce after an operation.

Giovanni Legorano investigates the growing trend among UK schemes to use the US class action system to protect their investments against bad governance

The Pension Protection Fund has announced that it will be establishing a group of senior business figures and others to help develop further its proposals for the long-term future of its pension protection levy.

Claims by business groups and opposition politicians that public sector pensions are unaffordable and could produce easy immediate public expenditure savings are all myths, the Trades Union Congress says.

The Merchant Navy Officers Pension Fund could replace Watson Wyatt as fiduciary manager following a review.

Balanced pooled funds achieved a positive return of 6.9% in the second quarter of 2009, latest pooled pension fund survey results from BNY Mellon Asset Servicing reveal.

A third of contract-based defined contribution schemes have not reviewed their retirement process in the past three years, research from The Pensions Regulator reveals.

The £330m Royal Borough of Kingston upon Thames Pension Fund has appointed eight managers to run its scheme.