News

US - Former chief investment officer at the office of the New York State comptroller David Loglisci has pleaded guilty in the on-going investigation of pay-to-play kickback schemes at the New York State Common Retirement Fund (CRF).

Seven more schemes entered the Pension Protection Fund in February, providing 2,535 people in the UK with present or future compensation.

UK - The National Association of Pension Funds is set to launch a major review into the standards used for accounting for pensions.

The National Association of Pension Funds is set to launch a major review into the standards used for accounting for pensions.

A cross-party group of politicians will today urge the MPs' pension fund to vote in favour of resolutions questioning BP and Shell's controversial tar sands proposals.

Schemes need to go "back to basics" and re-think investment strategies, delegates heard.

UK - Pensions could play a pivotal role in how the voting swings in the general election, Nigel Waterson says.

Pensions could play a pivotal role in how the voting swings in the general election, Nigel Waterson says.

Commission-hungry advisers are "inundating" providers with group personal pension quotes to make quick cash before 2012 instead of investing in transitioning their business models, national IFA Origen says.

KUWAIT -Kuwait Projects Company (KIPCO) has teamed up with Munich Re to launch pensions company Taka'Ud Savings & Pensions, which will tackle the Middle Eastern and North African pension market.