Telecoms giant Cable & Wireless will pump an extra £30m into its defined benefit pension scheme following the demerger of C&W Worldwide and C&W Communication.
Pension schemes took a step back from inflation hedging measures in the last quarter of 2009, figures from the latest F&C Liability Driven Investments survey show.
Hermes Fund Managers has launched a global credit asset management boutique with an initial £400m investment from the BT Pension Scheme.
Life and pensions providers Royal London and Standard Life have reported strong growth in their UK businesses during 2009.
The £12m Mercury Provident Pension Scheme has appointed DBC Pension Services to provide it with full administration and trustee secretarial services.
A former BlueBay hedge fund manager has been fined £140,000 and banned by the FSA for misleading investors and the regulator.
UK - The Conservative Party has confirmed a large chunk of its pensions strategy in a major policy document on economic growth.
The Conservative Party has confirmed a large chunk of its pensions strategy in a major policy document on economic growth.
US/NETHERLANDS - Dutch pension fund Stichting Pensioenfonds Medewerkers Apotheken (PMA) has filed a federal court lawsuit against State Street Bank and Trust alleging breach of fiduciary duties and securities fraud following losses in a 120/20 fund.