News

Dear reader, Global Pensions' daily news alert will not be publishing from December 23 until after the New Year.

As the year winds to a close, Global Pensions takes a look back at the top 10 most read news stories of the year.

The aggregate pensions accounting deficit for the 200 largest UK pension schemes has ballooned to £103bn - topping the £100bn for the first time ever, Aon Consulting's Aon200 index reveals.

UK - The aggregate pensions accounting deficit for the 200 largest UK pension schemes has ballooned to £103bn (US$166bn) - topping the £100bn mark for the first time ever, Aon Consulting's Aon200 index revealed.

Firms still sick on pensions; Future Fund in toll bid talks with Canadians

The "vast majority" of schemes will pay more levy under rules laid down by the Pension Protection Fund last week, the National Association of Pension Funds says.

Police are investigating alleged fraudulent activity by former Rowanmoor Pensions joint managing director David Seaton, who died in September.

FRANCE - The Fonds de Réserve pour les Retraites has hired five managers to run a total of around €1.5bn (US$2.1bn) in fixed income mandates.

US/NETHERLANDS - Dutch pension fund Stichting Pensioenfonds British American Tobacco (Pension Fund BAT) is suing State Street Bank & Trust for losses in a long/short fund run by State Street Global Advisors.

US/ISRAEL - Telecommunication software provider Comverse Technology will pay US$225m to a group of investors, including at least one pension fund, in what is said to be the largest settlement involving an Israeli institution serving as lead plaintiff....