News

DENMARK/UK - Danish pension fund and administration provider ATP has pulled out of the running for the personal accounts administration contract in the UK, PADA has confirmed.

US - CalPERS will be reviewing the fees paid to third party marketers by its money managers after it learned one manager paid over US$50m to a firm owned by a former board member.

GLOBAL - Dutch retirement income systems came first and Australian systems a close second in a new global pension index comparing private and public pension schemes based on adequacy, sustainability and integrity.

Danish pension fund and administration provider ATP has pulled out of the running for the personal accounts administration contract, PADA has confirmed.

The cost of an ageing population in Europe is expected to "dwarf" the impact of the current financial crisis many times over, a European Commission report reveals.

The government must review the law to make it easier for employers to talk about pensions, National Association of Pension Funds says.

Cooper opens up clear divide over retirement; Staff pension issues fuel concern; Treasury acts to enable ‘illegal' 2.5% pensions rise

Politicians should stop blaming pension funds for the crisis, outgoing NAPF chairman Chris Hitchen says.

The Pension Protection Fund admitted three more schemes last month, which will result in a further 1054 people receive compensation.

Defined benefit schemes will die unless a way to address the risks of provision can be found, National Association of Pension Funds chairman elect Lindsay Tomlinson warns