When former New York State Comptroller Alan Hevesi pleaded guilty to his part in a pay-to-play scandal, he became the highest ranking scalp taken by state attorney general Andrew Cuomo's investigation into the use of placement agents. Chris Panteli looks...
The FSA may extend its rules on pension selling and advice to cover group personal pensions.
SWEDEN/UK - Swedish pension fund Forsta AP-fonden (AP1) filed a lawsuit yesterday against BNY Mellon with the Commercial Court in London over $35.5m of losses.
IRELAND - The ministry of finance has denied media reports that a proposed cut in the state pension is off the table.
IRELAND - Up to a quarter of the country's €24bn ($34.2bn) National Pension Reserve Fund should be used to create jobs and invest in infrastructure, the Irish Congress of Trade Unions said.
UK - The government has today detailed plans on how the state pension age will rise to 66 by 2020.
Employers are unlikely to switch to trust-based defined contribution schemes in order to receive contributions back if an employee leaves within two years of auto-enrolling, Paul Johnson says.
GLOBAL - The International Organisation of Pension Supervisors has launched a set of standards to strengthen supervisory techniques globally.
The number of trust-based defined contribution schemes fell by 15% last year, according to data from The Pensions Regulator.
Several people connected with Tudor Capital Management, a pension scheme administration service provider, have been arrested on suspicion of fraud, cheating the public revenue and money laundering.