News

Trustees need better advice on qualifying recognised overseas pension schemes to stop them being targeted by ‘smash and grab' schemes, a provider says.

Standard Life has appointed Paul Matthews as chief executive of its UK business.

The Pensions Regulator has issued a contribution notice against Michel Van de Wiele for £60,000 in relation to the Bonas Group Pension Scheme, it announced today.

The government has set a date for the second reading of the controversial Pensions Bill.

US - The Pension Benefit Guaranty Corporation is seeking $25m in damages from Morgan Stanley Investment Management over risky pension investments it made for New York's Saint Vincent Catholic Medical Centres' pension plan.

UK - The £3.3bn Merchant Navy Officers Pension Fund has appointed Hymans Robertson as independent investment adviser to monitor and challenge the actions of its fiduciary manager, Towers Watson.

Hertfordshire council pension fund has outsourced its pension administration and payroll operations to the London Pensions Fund Authority in a deal set to save the fund £1.6m.

Will this be teachers' winter of discontent?; Life beyond 75 creeps towards norm ... for southerners; Life expectancy rises in UK but north-south divide widens; Don't turn back the clock for women

LITHUANIA - Lithuanian is to to raise the pension age to 65 in a bid to improve the country's finances.

Pension funds considering a move into the European property market should act with caution, Hatfield Philips International warns.