News

The confusing nature of UK pensions is damaging competitiveness and could stymie the recovery from recession, top industry figures warn.

UK - The confusing nature of UK pensions is damaging competitiveness and could stymie the recovery from recession, top industry figures warned.

Aegon Asset Management has launched a customised asset allocation facility for clients to meet the strategic objectives of each particular pension scheme.

NETHERLANDS - Trustees at Dutch pension funds failed to fully understand the risks being taken in their portfolios, a new report by a government appointed committee found.

Redington has hired David Bennett from Goldman Sachs as a director in its investment consulting team.

Companies could face a large increase in their Pension Protection Fund levy bill if their parent companies are considered to be at significant risk, Punter Southall warns.

The National Association of Pension Funds has made amendments to its corporate governance policy.

Almost 1200 defined benefit schemes closed to existing members between 2000 and 2008, data from the Purple Book reveals.

Standard Life has been fined £2.45m by the Financial Services Authority for serious failures relating to its Pension Sterling Fund.

UK - Standard Life has been fined £2.45m (US$4.1m) by the Financial Services Authority for serious failures relating to its Pension Sterling Fund.