News

AA workers have confirmed they will strike over the May Day bank holiday weekend ahead of the general election.

Centrica has appointed Ferrier Pearce to support its pension scheme membership communication.

The pensions focused U Party is to field another candidate in the upcoming general election.

Some 16 Scottish charities have joined a new pension provider following the closure of their final salary scheme.

Barbara Judge has been named as the next chairman of the Pension Protection Fund.

UK - Barbara Judge has been named as the next chairman of the Pension Protection Fund (PPF).

GLOBAL - BlueCrest Capital Management has moved its group head office to Guernsey and opened a Geneva trading centre in a further sign of hedge funds opening operations outside London, whose attraction as a financial centre is fading.

GLOBAL - Top US and Australian pension funds are supporting a resolution filed by a group of investors from all over the world asking British Petroleum (BP) to disclose information on oil sand projects.

AUSTRALIA - Compulsory government annuities envisaged by the interim report of the Henry review could be harmful to the ageing population, the Investment and Financial Services Association (IFSA) warned.

US - AT&T has asked a US judge to dismiss claims that it discriminated against older workers when it converted its defined benefit pension scheme to a ‘cash balance' arrangement in 1997.