News

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 - The Fresno County Employees' Retirement Association (FCERA) has decided not to put Oechsle International Advisors on watch, despite its international mandate having underperformed its benchmark in the one, three and five-year periods.

US - Rupert Murdoch and other News Corporation directors face opposition from corporate governance advisory firm ISS which advised shareholders to vote against their re-elections to the board.

UK - Defined benefit schemes plunged £80bn ($125bn) further into deficit in September leaving more than 80% now with a funding void, according to the Pension Protection Fund.

GLOBAL - Current investment theory and practice runs the risk of failing investors at their time of greatest need, a new group of investment managers warns.

GLOBAL - The Netherlands, Australia and Switzerland have the world's best pension systems in terms of adequacy, sustainability and integrity, but all 16 countries surveyed in the 2011 Melbourne Mercer Global Pension Index are under stress from economic...

Almost 100 firms have signed up to use the National Employment Savings Trust as the qualifying scheme ahead of schedule.

Current investment theory and practice runs the risk of failing investors at their time of greatest need, a new group of investment managers warns.

Unison begins ballot of 1 million members over pensions strike; Unison expects legal challenges over ballot

Defined benefit schemes plunged £80bn further into deficit in September leaving more than 80% now with a funding void, according to the Pension Protection Fund.