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A GROUP of investors has called on the US Senate to enact strong federal legislation to curb the pollution causing global warming.

SWITZERLAND - Hewitt Associates has promoted Urs Schaffner to managing director of its Swiss office.

PRUDENTIAL has launched a new lower cost self-invested personal pension with direct access to the Cofunds funds supermarket.

LOCAL authority pension schemes have seen mean funding levels increase by 11.4pc since 2004, Professional Pensions can reveal.

THE Occupational Pensions Defence Union and ACE European Group have joined forces to offer trustees a comprehensive trustee indemnity insurance policy.

THE buyout market saw £2.2bn of deals in the first quarter of 2008, Aon Consulting research reveals.

THE aggregate funding position of the 7800 defined benefit schemes monitored by the Pension Protection Fund improved to £30.3bn at the end of April, latest figures reveal.

INEOS and Unite have agreed to begin talks over the pensions of 1200 workers at the Grangemouth refinery.

Swiss federal pension fund, PUBLICA, saw its assets shrink nearly CHF600m last year to CHF32.5bn at the end of 2007, resulting in a 2.1% decrease in the funding ratio to 106.7%.

INDEPENDENT Trustee Services Limited it has been appointed to act for six schemes.