News

The Pension Protection fund will charge the fraud compensation levy for the second consecutive year for 2011/12 after anticipating an increase in future claims.

ASIA - Fidelity International has promoted Judy Marlinski to president of the Japan business and scooped the former CEO of BGI's Asia business for a new managing director of Asia ex-Japan role.

CANADA/GERMANY/US - The Canada Pension Plan Investment Board (CPPIB) has acquired holdings in a string of shopping centres in Germany and the US.

The government is likely to review draft income drawdown rules forbidding the use of RPI-linked annuities for the minimum income requirement, specialist providers say.

Royal Liver's members have voted in favour of its buyout by Royal London.

CANADA - The United Food and Commercial Workers Pension Plan has hired RBC Dexia Investor Services as custodian for its multi-employer pension plan.

Fears over pensions loophole; Pensions dilemma in saving companies; BT off the hook until next year over £3.2bn pension deficit; BT investors hope for payout after pension cut

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.

AUSTRALIA - The A$36.1bn ($38.6bn)Victorian Funds Management Corporation (VFMC) has reported overall of 3.63% Q1 and an annual return of 8.43%.

UK - The Pensions Regulator has placed its review of the BT Pension Scheme funding valuation and recovery plan on hold.