The first occupational pensions case to be considered by the Supreme Court, Bridge Trustees v Yates, will begin today.
Public sector workers will switch to a career average scheme, see their contributions hiked and their retirement age increase as part of government pension reforms, Danny Alexander says.
Chief secretary to the Treasury Danny Alexander gave a speech on public service pensions to the Institute for Public Policy Research this afternoon. Here is what he said in full.
UK - Fidelity International has created a new defined contribution and Workplace Saving Business to be led by Julian Webb as part of a company restructuring exercise.
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.
Low-paid to escape pensions blow; Public-sector workers warned: strike, and pensions will suffer; Make no mistake: we will reform public sector pensions; Danny Alexander tells public sector: work longer and get less; Public sector pensions: Work longer...
GLOBAL - More new hedge funds launched in the first quarter of 2011 than any time since 2007, fuelled by a tailwind of industry assets breaching $2trn for the first time, research shows.
GLOBAL - Pension funds will continue to shift away from equities to bonds as a result of the latest changes to International Accounting Standards, Mercer says.
Pension funds will continue to shift away from equities to bonds as a result of the latest changes to International Accounting Standards, Mercer says.
EUROPE - The European Fund and Asset Management Association (EFAMA) has elected Claude Kremer as president for a two-year term.