News
Industry
Members of mobile phone firm O2's final salary scheme have avoided the scheme closing by voting to increase their contributions from 6% to 10%.
18 February 2011
•
Employee Benefits
Scottish Widows has expanded its workplace savings platform mymoneyworks with the launch of a corporate ISA.
18 February 2011
•
Defined Benefit
The ‘small print lottery' over RPI/CPI usage in company pension schemes means some pensioners will see their income reduced by 20% over 20 years, KPMG says.
18 February 2011
•
Sweden
SWEDEN - The Third Swedish National Pension Fund (AP3) recorded a net profit of SEK18.3bn ($2.9bn) in 2010, returning 9% for the year.
18 February 2011
•
US
US - Henry "Hank" Morris, the chief political advisor to former New York comptroller Alan Hevesi, has been sentenced to four years in prison for his involvement in a pay-to-play scandal.
18 February 2011
•
Global
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.
18 February 2011
•
Ireland
IRELAND - Registered Administrators (RAs) must improve their record keeping if they are to avoid on-the-spot fines, the Pensions Board has warned.
17 February 2011
•
Admin / Technology
A fifth of trustees never meet with their administrator and are failing in their duty to monitor scheme data quality, The Pensions Regulator says.
17 February 2011
•
United Kingdom
UK - Schemes could be paying hundreds of thousands of pounds more in annual administration fees than their peers, research from Kim Gubler Consulting reveals.
17 February 2011
•
US
US - The Teacher Retirement System of Texas plans to boost investments in large cap stocks, real estate and hedge funds, while curbing fixed-income and currency holdings.
17 February 2011
•
