The Pension Protection Fund and Visteon UK scheme trustees have filed a $550m (£350m) claim against US Visteon Corporation to recover money for the fund.
US/UK - The Pension Protection Fund and Visteon UK scheme trustees have filed a US$550m claim against US Visteon Corporation to recover money for the fund.
The Pensions Regulator should speak out against the "rubbish" 8% minimum auto-enrolment contribution, a consultant says.
US/EUROPE - US Treasury secretary Timothy Geithner has written to four European finance ministers urging them not to discriminate against foreign players in the alternative investment space as they continue negotiations on the Alternative Investment Fund...
The Serious Fraud Office has been accused of ignoring fresh leads in the £52m GP Noble case by an Australian news network that discovered Tony Morris living in luxury in Sydney.
Sebastian Cheek previews the April 1 edition of Professional Pensions.
Preparing for auto-enrolment is among The Pension Regulator's top priorities set out in its corporate and business plan 2010-2013.
CANADA - Labour unions in Canada are calling on the federal government to double the benefits paid to retired workers.
CANADA - The Canadian government will go on road show to get feedback from individuals, and have commissioned a series of reports on how to improve the country's pension system.
UK - HM Treasury has trebled its estimate of the one-off costs that pension schemes, employers and individuals will incur as a result of the tax on higher earners' pension contributions it is introducing from 2011, Towers Watson said.