News

NETHERLANDS - Dutch pension fund manager APG has updated its corporate governance and voting policy, putting more pressure on companies to take stakeholders' interests and sustainability issues into account.

ATP has announced the launch of an independent multi-employer trust to rival the National Employment Savings Trust, ahead of auto-enrolment next year.

Pension funds will find it hard to maintain healthy financial returns if faced with accelerating climate change and ecosystem collapse, a report published today finds.

UK - Any gains schemes might have made following the switch to the Consumer Price Index have been wiped out by falling interest rates, JLT Benefit Solutions believes.

US - The California Public Employees' Retirement System is seeking annual director elections at Smithfield Foods.

US/NETHERLANDS - Stichting Pensioenfonds ABP is suing Deutsche Bank for allegedly providing misleading statements about residential mortgage backed securities the scheme invested in.

UK - Brian Bailey, director of pensions at the £7.7bn ($12bn) West Midlands Pension Fund, has announced his retirement after 40 years' service with Wolverhampton City Council.

Warning over growth slump; Government 'given too much ground to unions' in public sector pension row, says; TUC 'prepared and ready' for strike action over pensions; More strike action planned over pension negotiations 'charade'; 'Cliff's law' gives ageing...

The Public and Commercial Services Union is to call another one-day strike in November as part of its fight against changes to public sector pensions.

West Midlands Pension Fund director of pensions Brian Bailey has announced his retirement after 40 years' service with Wolverhampton City Council.