News

UK - Asset management firm Principal Global Investors has become the latest signatory to the United Nations Principle for Responsible Investments (UNPRI).

UK - The National Employment Savings Trust received more than 150 expressions of interest from asset managers hoping to manage its first five investment funds.

US - The New York State Common Retirement Fund has agreed a $4.25m settlement in a securities fraud law suit against Merrill Lynch.

Here they are. The winners of Pendragon's ever-popular Art of Pensions competition.

A growing number of US firms are reducing benefits offered to staff and looking to rebalance pension funding between employers and employees, research by BNY Mellon Asset Servicing shows.

US - Telecommunications giant AT&T is to cut $17bn from retained earnings and take a $2.7bn non-cash charge on its fourth quarter 2010 results following changes to the way it calculates its pension assets.

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.

The European Insurance and Occupational Pensions Authority has appointed Gabriel Bernardino as its inaugural chairman.

US - New Jersey's pension fund has gained 8.7% so far this fiscal year as Governor Chris Christie calls on lawmakers help whittle down a $53.9bn deficit.

US/UK - Royal Bank of Scotland has won a court ruling which dismissed a class action by two US pension funds claiming they suffered "massive" losses during the financial crisis.