News

Pensions regulator in court challenge

The Pensions Regulator is expected to argue in the High Court today that a liability that flows from a financial support direction should be treated as an administration expense.

Mayor of London Boris Johnson has appointed four new London Pensions Fund Authority board members.

AUSTRALIA - Directors of failed companies will be forced to honour unpaid superannuation contributions to employees under plans unveiled by the Australian government.

HUNGARY - Hungary is giving its citizens an ultimatum: move your private-pension fund assets to the state or lose your government pension.

Pension funds should be preparing their operational arrangements for a potential fracture in the eurozone, Schroders chief investment officer Alan Brown warns.

A new model of trusteeship is needed with the role of lay trustees limited in future, delegates at the Pensions Show 2010 heard.

Start-up investment manager Carduus Capital has become the latest hedge fund investor to offer to refund part of its fees if it does not perform as institutional clients expect.

Group personal pensions give poor member outcomes, are difficult to modify and are a "real scandal", The Pensions Trust warns.

The Pensions Regulator has appointed more than 600 independent trustees to troubled pension schemes over the past two years.