News

Local authority pension funds and other major shareholders will propose the appointment of an independent chairman at News Corporation.

The PP Real Estate and Infrastructure Focus is a half-day conference developed to help pension fund investors gain a better understanding of real estate in the current economic environment.

The UK pension system has been ranked seventh in a Mercer study ahead of the USA, Germany and France.

The Falkland Islands government has appointed Punter Southall and Callund Consulting to carry out the actuarial valuations for the two schemes.

The Pension Protection Fund has appointed Hermes Equity Ownership Services as its voting and engagement advisor.

Saga director general Ros Altmann has said the maths behind the retail prices index is not wrong and the Office for National Statistics' proposal to change it is solely about the government reducing costs.

Consolidating pension pots through a pot follows member system is more cost effective for than alternative forms of accumulation, Department for Work and Pensions statistics show.

Employers expect increases in the typical retirement age to outpace the rise in the state pension age, according to research from the Association of Consulting Actuaries.

The Independent Parliamentary Standards Committee has proposed a career average revalued earnings scheme to replace MPs' defined benefit plan.

Financial Services Authority chairman Lord Turner hinted yesterday that the Bank of England should consider writing off some of the £375bn gilt holdings purchased under quantitative easing.