News

UK - Pension scheme liabilities ‘held fast' at £1.4trn ($2.2trn) last month as market conditions remained relatively calm, figures from Xafinity Corporate Solutions show.

US - Pittsburgh had the outlook on its debt revised to negative from stable by Standard & Poor's, which cited rising financial pressures tied to the city's pension system.

DENMARK - Two of Denmark's largest pension funds have acquired 50% ownership of a major offshore wind farm.

Signatories to the United Nations Principals for Responsible Investment will now have to pay fees in order to participate.

GLOBAL - Signatories to the United Nations Principals for Responsible Investments (UNPRI) will now have to pay fees in order to participate.

Norges Bank, New York City, HSBC, Lockheed Martin, RAM, SPAA

There is just over one week left to vote your favourite through to the final of this year's Pensions Personality of the Year award.

Simon Skinner has been appointed chief operating officer as part of a reshuffle in Aegon's leadership team.

The Worthington Group has overpaid £130,000 into the Jerome Group Pension Fund because its Pension Protection Fund levy decreased, its triennial review shows.

Sacker & Partners has re-elected Ian Pittaway as the law firm's senior partner for the third time.