US - Baxter International, a maker of intravenous drugs, has been sued by a pension fund over allegedly misleading public statements made about the company's business prospects.
EUROPE - FSA chairman Lord Adair Turner says the Basel III capital reserve rules imposed on banks are "too lenient".
UK - Vince Cable's plans to "give shareholders more say" will fall flat because institutional investors do not have sufficient incentives to exercise responsible ownership, FairPensions warns.
Complaints against HM Revenue & Customs from pensioners have risen over the past year, according to the Revenue's watchdog.
Defined benefit liabilities across the world are likely to have increased to record levels this year, research by Mercer warns.
Survey finds €1,900bn hole in EU pensions; Delay retirement and keep pay as well as pension
The average UK adult needs to save an extra £10,300 a year to live comfortably in retirement, research shows.
GLOBAL - Defined benefit (DB) liabilities across the world are likely to have increased to record levels in 2010, research by Mercer warns.
Vince Cable's plans to "give shareholders more say" will fall flat because institutional investors do not have sufficient incentives to exercise responsible ownership, FairPensions warns.
The West Midlands Pension Fund has invested £142.7m in three separate retail property transactions.