News

The Imperial Home Décor appeal will be heard before the Supreme Court next spring and could have "chaotic consequences" for schemes, a lawyer says.

The British Airways Pension Fund has made a fresh allocation to City of London real estate as it believes the sector is well positioned in the current cycle.

UK - The British Airways Pension Fund has made a fresh allocation to City of London real estate as it believes the sector is well positioned in the current cycle.

An increased volume of Pensions Ombudsman cases received last year spells "potential trouble" for the time taken to deal with cases in the future, Eversheds warns.

The industry is underestimating the risk of NEST simply becoming a replacement for state benefits, the Association of Consulting Actuaries chairman says.

Trustees and employers need to decide whether to communicate higher rate tax relief rules to members or change their schemes to avoid incurring a tax charge, Standard Life says.

The Society of Pension Consultants has launched a whitepaper to assist sponsors in the design of defined contribution schemes.

US - The California State Teachers' Retirement System (CalSTRS) has appointed John Petzold as its first director of investment management/deputy chief investment officer.

US/MEXICO/PERU - Southern Copper, the largest producer of copper in Mexico and Peru, has been was sued by the Oklahoma Firefighters Pension & Retirement System over fears investors will be shortchanged in a proposed merger.

Abolishing contracting out for final salary schemes could eventually lead to a higher universal state pension, an analyst says.