News

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.

Even full implementation of Lord Hutton's proposals to overhaul public sector pensions would not create a sustainable pension system, a Centre for Policy Studies report finds.

GLOBAL - Hedge funds are now down a modest 1.2% for this year after a 2.3% loss in last month's turbulent markets, concentrated among equities and event-driven strategies, eliminated hard-won gains up to July.

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.

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

The Institute and Faculty of Actuaries has appointed Alan Phillips to the role of Chairman of its Management Board.

US/GERMANY - Prudential is preparing to launch the first longevity insurance product in the US "very soon", delegates at the Longevity 7 conference in Frankfurt were told.

The multi-employer Students' Union Superannuation Scheme is to close to future accrual at the end of the month due to fears over section 75 debt liabilities.