News

The Local Authority Pension Fund Forum has called on News Corp to refresh its board after a shareholder revolt at the company's annual general meeting.

Local authority pension funds offer the best prospects for kick starting a nationwide house building initiative to solve the UK's house shortage, a think tank says.

Governance failings across the nation's hybrid schemes are putting member benefits at risk, The Pensions Regulator warns.

The T&N Retirement Benefit Scheme has agreed a £1.1bn buy-in after its funding level was found to exceed the threshold for Pension Protection Fund entry.

Royal Bank of Scotland has appointed Ray Martin as its new group head of pensions and benefits.

Two pensioner groups will challenge the government in the High Court today over its decision to switch to the Consumer Prices Index for up-rating public sector pensions.

Sherborne Investors' Edward Bramson's eagerly-awaited strategic review into F&C has laid out plans to cut costs, leading to staff redundancies.

IRELAND - Most small Irish pension funds will fund the controversial new pensions levy by reducing member benefits, an Aon Hewitt survey finds.

CANADA - Canadian pensions marked their lowest quarterly returns since the start of the financial crisis on the back of world-wide market uncertainty, said RBC Dexia.

GLOBAL - The dispersion of returns between hedge funds in September was the highest ever seen by Luke Ellis, head of Man's multi-manager unit and a veteran of at least 13 years in the fund of hedge funds business.