News

IRELAND - Bank of Ireland (BoI) has proposed to contribute around €800m (US$1.06bn) to its defined benefit scheme and to implement a number of measures in a bid to tackle its €1.6bn pension deficit.

US - The California Public Employees' Retirement System (CalPERS) is looking to gain exposure to direct infrastructure assets while building strategic relationships with other investors.

AA workers have voted in favour of strike action for the first time in the company's 105-year history over proposals to cap pensionable salary increases at 2.5%.

Two companies have berated ratings agency Dun & Bradstreet after their failure scores were incorrectly calculated.

AA patrols vote for first strike in 105 years; Paying for public pensions

The Pensions Regulator should speak out against the "rubbish" 8% minimum auto-enrolment contribution, a consultant says.

UK - The Pensions Regulator should speak out against the "rubbish" 8% minimum auto-enrolment contribution, a consultant says.

Royal London has strengthened its board with the appointment of Duncan Ferguson as non-executive director.

Friends Provident is calling on the next government to help build a healthier savings culture in the UK.

Defined benefit trustees and employers need to do more to communicate the pitfalls of DB to members, an employee benefits consultant says.