News

The trustees of the Massey Ferguson Works Pension Scheme have appointed Watson Wyatt to provide administration, accounting, pensioner payroll and trustee secretarial services.

GLOBAL - Law firms representing pension funds and other investors are targeting investment consultants and national authorities for their clients' losses in the Madoff scheme following the financier's conviction this week.

Pension funds could be in a different position to retail investors in lawsuits related to the Madoff case, a lawyer claims.

GLOBAL - The worldwide private equity sector has raised US$76.2bn from pension funds and other institutional investors in the second quarter of this year, according to data by Preqin.

UK's leading final salary pensions see deficits jump 80% to £73bn; Final Salary pensions deficit soars

Punter Southall is set to outsource its pension administration software development and support services to Independent Transition Management in a deal that will see the transfer of 30 staff.

Employers are saving up to £4.53bn a year in pension contributions as millions of employees withdraw from final salary schemes, MGM Advantage research reveals.

Pension warnings go unheeded as half of Britons fail to save enough; BT's pension scheme to hold less in equities

The Pensions Regulator's extended power to issue contribution notices under the material detriment test has come into force.

Trustees must make a stand against employers using the recession as an excuse to take a "slash and burn" approach to occupational pensions, delegates heard.