News

IRELAND - An Irish construction company director has been convicted for failing to pass on employee pension contributions to the Construction Worker Pension Scheme (CWPS).

NETHERLANDS - Dutch telecom company Royal KPN said its pension funding decreased to 96% at the end of the third quarter in 2011, down 12 percentage points from the previous quarter.

ASIA - Asia ex-Japan and Australian assets are set to double by 2015, reaching $4tr, according to a recent study by Cerulli Associates.

Pension report warns on risky schemes; Unions set for pensions fight after talks fail; Unions go to high court over public sector pensions reform; Landmark pension case launched over 'biggest robbery' from schemes; F&C to cut jobs following strategic...

The Local Authority Pension Fund Forum has called on News Corp to refresh its board after a shareholder revolt at the company's annual general meeting.

Local authority pension funds offer the best prospects for kick starting a nationwide house building initiative to solve the UK's house shortage, a think tank says.

Governance failings across the nation's hybrid schemes are putting member benefits at risk, The Pensions Regulator warns.

The T&N Retirement Benefit Scheme has agreed a £1.1bn buy-in after its funding level was found to exceed the threshold for Pension Protection Fund entry.

Royal Bank of Scotland has appointed Ray Martin as its new group head of pensions and benefits.

Two pensioner groups will challenge the government in the High Court today over its decision to switch to the Consumer Prices Index for up-rating public sector pensions.