News

The coalition government must identify what motivates people to save and abandon the previous administration's "piecemeal" approach to pension and saving reform, Aegon says.

The Pensions Regulator's determinations panel has ruled six subsidiaries in the Lehman Brothers group should provide financial support to the pension scheme.

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.

UK - The UK's biggest firms have pumped £13bn into their defined benefit pension schemes in the last 12 months, research shows.

SWEDEN - AP3 chief investment officer Erik Valtonen is to step down after 10 years with the fund.

US - Unlicensed intermediary William "Bill" White has agreed to pay $1m to New York State as part of the ongoing investigation into pay-to-play practices at the New York State Common Retirement Fund (CRF).

UK/DENMARK - Global Pensions editor Raquel Pichardo-Allison speaks to Morten Nilsson, head of ATP's international operations about the Danish pension fund manager's UK expansion plans.

Newton Investment Management has appointed Mark Hammond to its pooled funds sales team and named James Blake as account manager.

The Church in Wales has appointed Summit Global Investor Services to provide investment analytics services to the assets it manages.

US - New Jersey's pension fund should put more money in alternative investments such as private equity and real estate to boost returns and protect against stock losses, consultants told the State Investment Council.