Investment

The UK's largest pension funds are failing on responsible investment (RI), ShareAction warns.

Unite is balloting more than 5,000 Ford workers over strike action in a row over job security and pensions.

Canada's Bank of Montreal (BMO) has agreed a deal to buy F&C for £708m in cash.

Premier plans to expand into the provider market by launching a multi-employer defined benefit (DB) scheme and a defined contribution (DC) master trust in March this year.

Lloyds Trade Union (LTU) members have voted in favour of a ballot on industrial action should Lloyds Banking Group (LBG) freeze pensionable pay increases.

F&C shares have jumped by 22% after the group said it has received a takeover approach from Canada's Bank of Montreal.

Equities have taken a tumble as the emerging markets (EM) sell-off continues.

The Somerfield Pension Scheme has hired BNY Mellon for a custody and investment accounting mandate.

Nine out of 10 respondents said public sector schemes would still be with us in a decade, although the majority of those thought they would be significantly changed.

Buzz respondents were not generally against underfunded schemes pursuing liability driven investment (LDI) strategies.