News

Unite has threatened Ford with legal action over staff who lost their pension when Visteon UK went into administration last year.

OECD criticises DB funds taxing; Increased interest in fiduciary deals in UK; Warning over using Ucits for pensions; Ford faces legal threat on pensions; Pension payouts threatened if executives quit over tax

The Universities Superannuation Scheme has appointed Michael Dymond as portfolio manager for its private capital funds team.

Corporate pension funds in the UK and overseas are continuing to move towards liability driven investment strategies, the Investment Management Association says.

GLOBAL - Corporate pension funds are continuing to move towards liability driven investment strategies, the Investment Management Association said.

POLAND - Poland may let pension funds invest as much as 95% of their assets in stocks to boost returns as the government seeks to reduce the portion of mandatory retirement savings overseen by private managers.

US/UK - PIMCO hired six new investment professionals for its expanding equity team, including the former head of Goldman Sachs Asset Management's emerging markets equity strategy.

Unions call for national ballot on USS changes

CANADA - Canadian pension funds lost 3.2% in the second quarter, but a weak dollar helped shield against even steeper falls in the international equity markets, according to data by RBC Dexia Investor Services.

The Universities Superannuation Scheme board of trustees has approved employers' proposals for fundamental reform of its benefit structure.