News

The government should prioritise encouraging people to save for their retirement rather than focusing on preserving tax relief, B&CE Benefit Schemes says.

Quarriers has chosen Punter Southall to provide full services to the trustees of its £23m defined benefit scheme.

Almost two-thirds (64%) of trustees say the economic events of the past 18 months have meant that pension de-risking has become a greater priority, MetLife Assurance research reveals.

Trustees miss a trick on fees; More schemes eye bulk annuities; Pensions opt for strategy experts over big banks; Reason to look again at CDC schemes; Pensions problem can't be solved by ministers' endless musical chairs

UK - The Pensions Regulator is appealing a court decision to stop its attempts to seek £2.1bn (US$3.2bn) from Nortel Networks on behalf of the struggling UK pension scheme.

The Pensions Regulator is appealing a court decision to stop its attempts to seek £2.1bn from Nortel Networks on behalf of the struggling UK pension scheme.

Friends Provident's UK managing director, Simon Clamp, died early this morning following a short illness.

GLOBAL - Fewer than one in 10 institutional investors has invested in Ucits-compliant hedge funds, but 35% could within 12 months, in what could prove a major boost for the US$35bn regulated long/short sector, research by Preqin revealed.

NETHERLANDS - APG, the asset management arm of Dutch civil service pension fund ABP, has dismissed two investment professionals for violating the company's code of conduct.

NETHERLANDS - Assets under management of Dutch pension funds increased by 3% during the fourth quarter of 2009 on the back of equity gains, data by the De Nederlandsche Bank (DNB) revealed.