EUROPE - Fondenergia, the R254m Italian industry-wide pension scheme for energy and power workers, has achieved positive returns across all three new portfolios in its multicomparto scheme which were introduced in 2003.
The lowest risk option available to members, the comparto conservativo registered 5.5% gains, the bilanciato 6.64% and the most risky, dinamico, 7.63%.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.