News

NETHERLANDS - André van den Heuvel, managing director for BlackRock's Benelux operations, is to join the Board of ING Investment Management (ING IM).

The Pensions Regulator and the National Insurance Services to the Pensions Industry have joined forces to help schemes bring down the cost and duration of winding up.

The Confederation of British Industry has appointed Jim Bligh as head of employment and pensions policy.

Pension shock for nurses and teachers in private takeovers; Retirement offers grim prospect of financial misery for middle classes; Teachers and nurses face pensions being slashed under government plans

Aegon recorded a loss of £8m in its UK pensions business in Q4 last year, results reveal.

US - A third party administrator has pleaded guilty to defrauding $1m from 12 pension plans after being investigated by the Department of Labor.

A policeman was awarded a massive £5,000 compensation by the pensions ombudsman after his planned retirement in New Zealand was nearly shattered by an administrative error.

Scheme managers were pretty evenly split over whether the government should act to stop regulatory arbitrage between trust-based and contract-based defined contribution schemes.

The negative tone of HM Treasury's early access consultation is an indication the concept as a whole could be "quietly shelved", a lawyer says.

Auto-enrolment legislation should be tweaked so employers do not have to enrol staff who have enhanced protection rights, Standard Life says.