News

US - A class action lawsuit has been filed against Sterling Savings Bank on behalf of staff seeking compensation over the firm's alleged failure to protect pension investments in company stock.

FINLAND - Neste Oil will transfer is supplementary pension plans to insurer OP Life Assurance, the firm said today.

Chile - The country's second pillar pension system, AFPs, posted positive results of up to 4.77% for the month of December driven by the funds' equity exposure, regulator Superintendencia de Pensiones has revealed.

UK - The final rules governing auto-enrolment into workplace pension schemes from 2012 were laid before parliament today.

The final rules governing auto-enrolment into workplace pension schemes from 2012 were laid before parliament today.

Chester Zoo has appointed Jagger & Associates to act as investment adviser for its staff pension scheme and charitable assets.

BSS is suing Aon Consulting over claims it overestimated the firm's defined benefit scheme net deficit by almost £17m.

Aggregate scheme funding improved by £60.1bn in December 2009, latest figures from the Pension Protection Fund reveal.

Aggregate scheme funding improved by £60.1bn (US$97.1bn) in December 2009, latest figures from the Pension Protection Fund revealed.

ETFs are experiencing explosive product growth and offer untapped potential for institutional investors, according to a report by State Street Corporation.