News

Strike action over defined benefit scheme changes at pharmaceutical giant AstraZeneca is over after members of the GMB union voted to end the dispute.

US - A coalition of seven public pension systems has called on the boards of major US banks to immediately undertake independent examinations of the banks' mortgage and foreclosure practices.

GLOBAL - International investors have accused Fortis NV of providing misleading information about the company in the run up to its collapse.

Allowing members to pay the annual allowance charge from their pension pot could be "chaos" without clear guidance on the process, Sackers says.

Schroders has launched a frontier markets equity fund giving investors, such as pension funds, access to some of the world's fastest developing economies.

Lifecycle funds common default options in DB schemes; auto-enrolment on the way; funds investing directly in infrastructure projects; central clearing could increase risk; pension funds demand investigation into US banks

Trustees can assess their current levels to scheme governance using an online tool which rates trustee decision-making against 200 other DB schemes.

The Bank of England must increase interest rates this week to protect pensioners from the effects of high inflation, Ros Altmann says.

Fiduciary manager SEI has appointed Geoffrey Randells as client investment strategist for the EMEA region.

Independent Trustee Services has strengthened its Pensions Protection Fund specialist team with the recruitment of Susan Barber as trust officer.