News

Scheme wind-up victims claim the Labour party has ignored its fears over the effectiveness of the Financial Assistance Scheme while the other parties have been "supportive".

Concerns over public sector pensions were ignored during the three party leader debates ahead of the election, Axa says.

US - A New Mexico judge has tossed out a former public pension manager's lawsuit to recoup at least US$90m in state funds lost through investments in mortgage- backed securities sold by a firm whose executives donated to Governor Bill Richardson's presidential...

The middle ground in corporate pension consulting looks set to disappear with larger organisations and niche firms taking the lead, Bluefin predicts.

UK - The middle ground in corporate pension consulting looks set to disappear with larger organisations and niche firms taking the lead, Bluefin predicted.

IASB reveals proposed pension rules; UK companies' profits face £10bn pension hit

More than a quarter of providers believe they have no duty to tell customers about their retirement options, because the sole responsibility rests with advisers, research suggests.

EUROPE - Total assets managed in Europe grew by €2trn (US$2.6) to €12.8trn in 2009, estimates from European Fund and Asset Management Association (EFAMA) revealed.

ITALY - The financial crisis has shown the relative strength of the country's second pillar pension system in comparison with other forms of savings, Schroders' head of distribution for Italy Luca Tenani has said.

US - Two pension fund managers have terminated AXA Rosenberg Investment Management as a result of a coding error and at least one consultant is considering preparing a class action lawsuit, Global Pensions has learned.