News

UK - The Pensions Bill will have its third reading in the House of Commons on 18 October.

Lord Hutton has "misunderstood his own report", a trade union has claimed, after the former Labour minister accused it of not understanding the cost of public sector pensions.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.

EUROPE - Ratings agency Moody's has placed UBS' Aa3 rating on review for downgrade following its $2bn unauthorised trading loss.

US - The pension plan of the American Federation of State, County & Municipal Employees (AFSCME) has filed a shareholder proposal calling for the removal of Goldman Sachs chief executive Lloyd Blankfein from his post as chairman at the firm.

Prudential has appointed David Caw to lead the defined contribution division of its corporate pensions client management team.

The Westland Pension Scheme scooped the top accolade at the Pension Scheme of the Year Awards last night.

Here it is - the complete list of winners for this year's Pension Scheme of the Year Awards.

US - The Pension Benefit Guaranty Corporation (PBGC) has agreed to waive penalties incurred from late payment of 2011 premiums.

The Pensions Bill will have its third reading in the House of Commons on 18 October.