EUROPE - Introducing unnecessary detail to new Alternative Investment Fund Managers Directive (AIFMD) measures could harm investors, the Investment Management Association warns.
The latest Pensions Bill has failed to address differences between contribution refunds in trust-based and contract-based schemes, providers say.
NETHERLANDS - A second group of investors has filed a lawsuit against former Belgian-Dutch bank Fortis for misleading investors in the build-up to its collapse in 2008.
US - New Jersey's pension fund has gained 8.7% so far this fiscal year as Governor Chris Christie calls on lawmakers help whittle down a $53.9bn deficit.
US/UK - Royal Bank of Scotland has won a court ruling which dismissed a class action by two US pension funds claiming they suffered "massive" losses during the financial crisis.
UK - The Government published its Pensions Bill today, covering proposed changes to auto-enrolment.
The government published its Pensions Bill today, covering proposed changes to auto-enrolment.
Employers will lose the right to force people to stop working at age 65 when the default retirement age is scrapped in April.
Independent Trustee Services battle to recoup the £52m defrauded from nine schemes in the GP Noble saga returned to the High Court in December.
An "old fashioned common sense" High Court ruling has approved an unusual compromise agreement on benefit equalisation for a Sea Containers scheme.