News

Kim Gubler Consulting has expanded with the appointment of former RPMI head of sales and marketing Lesley Carline.

Federal Reserve Chairman Ben Bernanke has indicated more quantitative easing measures will be pumped into the US economy when it is needed to avert long-term damage, but his lacklustre speech failed to impress those seeking a firmer commitment.

Contributors to this week's Pensions Buzz were concerned the overhauled investment strategy at the Environment Agency Pension Fund could conflict with its trustees' fiduciary duty.

Proposed changes to the Takeover Code designed to give trustees more security could be "meaningless" when applied to hostile takeovers argues a lawyer.

The Confederation of British Industry and British Chambers of Commerce have each cut their 2012 UK GDP forecasts and called for the government to do more to prompt growth.

The government has promised it will only implement changes to tax legislation retrospectively in "wholly exceptional circumstances", after concerns were raised that it could damage the UK's reputation.

Members of the Prison Officers Association have voted against the final government offer of changes to the Principal Civil Service Pension Scheme, objecting to the linking of the retirement age to the state pension age.

Macfarlane Group has introduced a pension increase exchange option for active and deferred members after reducing pensioner liabilities by 35% through a similar exercise.

Enhanced annuity sales exceeded £1bn in the second quarter of 2012, according to research by Towers Watson.

Investment consultancy firm Redington has recruited Patrick O'Sullivan as a new vice-president.