News

Have you missed the biggest stories in pensions this week? Find out below, as we list the top ten most popular stories on www.professionalpensions.com over the past seven days (24 September - 30 September).

SWITZERLAND - Swiss pension funds must take on more risk if they are to meet projected returns, Swisscanto says.

IRELAND - The National Irish Bank is to transfer all members of its defined benefit (DB) scheme to its existing hybrid pension plan.

EUROPE - Institutional investor appetite for low carbon investment opportunities is being significantly dampened by policy changes, research shows.

Work pensions help to combat poverty; Pensions regulator's powers at risk in court challenge

EUROPE - EU proposals that over-the-counter derivatives go through a central clearing counterparty could significantly increase costs for schemes.

US - The Council of Institutional Investors (CII) has pledged its support to the SEC's new proxy access rules, which are to be challenged in court by US businesses.

Timber merchant Arnold Laver has addressed its £43m pension scheme liabilities by undertaking a buyout with Pension Insurance Corporation.

US - Former New York state comptroller Alan G. Hevesi told New York Attorney General Andrew Cuomo's office he is willing to plead guilty in connection with a probe of corruption at the state pension fund, according to a person familiar with the investigation....

The Pension Protection Fund is set to cut its levy demand by £120m to an estimated £600m.