News

CANADA - Caisse de Depot et Placement du Quebec, Canada's second biggest pension-fund manager, plans to boost staff at its private-equity unit by about 25% next year as it looks to increase investments in its home province.

CANADA - Employer-sponsored pension funds recorded their first decline in assets in more than a year in Q2, research shows.

UK/US/CANADA - A financial support direction issued by The Pensions Regulator against insolvent companies is an expense of the administration and must be complied with, the High Court has ruled.

AUSTRALIA - The superannuation industry rose by A$93.2bn to a total of A$1.28trn ($1.26trn)in assets under management in the year to October, latest figures show.

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.

Standard Life has been ordered by the Pensions Ombudsman to reconsider its decision to pay pension benefits to a deceased policyholder's mother instead of his ex-wife.

Prudential deputy chief executive Barry O'Dwyer has welcomed the Treasury's new draft rules for retirement options, but warns there may be problems ahead for value guaranteed annuities.

Pensions switch set to save industry £77bn; Pensions cuts ruled out after backlash; Private pensions rule change could hit up to 4 million

Pension tax changes by successive governments are not entirely to blame for the long-term drop off in employer sponsored scheme provision, a study finds.

The government has launched a public consultation on the discount rate used to set contribution rates in unfunded public service pension schemes.