News

UK - Alliance Boots is leaving itself open to mis-selling claims from its thousands of pensioners after it offered to change the way their plans are paid, its former finance chief said yesterday.

US - Paulson & Co, the giant US hedge fund, has warned in a "worst case" scenario it could suffer redemptions equivalent to between a fifth and a quarter of its assets by the end of the year.

Pension shortfall nearly doubles in September; Alliance Boots could be open to pension mis-selling claims; 1 in 10 pick treats over pensions; Pension funds deliver visible vote of confidence in North West region

ASIA - Asian institutional investors outside of Japan are looking to boost returns by investing more heavily in liquid alternatives, high yield debt and emerging markets while Japanese investors are looking for non-domestic opportunities, a new survey...

Union bosses have accused Remploy of planning to wind-up its defined benefit scheme after documents suggested trustees were seeking to pay off its deficit.

The National Employment Savings Trust has unveiled some of the 25 employers already using its services.

Constraints put on the National Employment Savings Trust risk undermining the objectives of auto-enrolment, warn some of the legislation's main architects.

Steve Webb has reinforced his commitment to auto-enrolment being rolled out in 2012, amid reports the government is considering delaying the reforms.

The Emap Flexiplan defined contribution pension scheme has completed its complex wind-up within 18 months.

GLOBAL - PIMCO has hired five new investment staffers in London, New York and Singapore to round out its emerging markets equities team, with two joining from Goldman Sachs Asset Management (GSAM).