News

Marks & Spencer Pension Trust has appointed Graham Oakley as its new chairman, the M&S Group announced today.

CROATIA - The Croatian Pensions Insurance Institute (Hrvatski Zavod za Mirovinsko Osiguranje - HZMO) has implemented a new software programme to bring the fund's payment processes up to EU standards.

Plan for 'radical' pensions reform; New flat-rate pension would see payments raised by £40 a week; Women to benefit most from pensions shake-up

Mercer has expanded its covenant consulting team with the hire of Andrew Horner from Baker Tilly and Tim Birkett from business outsourcer Vertex.

AUSTRALIA - The chief executives of nine superannuation funds and investment management firms have formed a new panel to address climate change.

HUNGARY - Hungary should not use pension savings to fix current budget financing problems, the country's central bank said.

GLOBAL - Private equity funds posted a return of just 0.65% in the three months to the end of June this year, State Street research reveals.

GLOBAL - Overlay Asset Management and BNP Paribas Corporate and Investment Banking have teamed up to launch an index in a bid to help schemes preserve the purchasing power of currency allocations.

Private equity funds posted a return of just 0.65% in the three months to the end of June this year, State Street research reveals.

The government must be careful about how auto-enrolment feeds into the means-tested system, Society of Pension Consultants president Kevin LeGrand warns.