News

The Pension Protection Fund has announced that it will set a pension protection levy estimate of £700m, indexed to wages, for 2010/11.

The recession is increasing pressure on member-nominated trustees faced with conflict of interest issues around their interests as employees or union representatives, Trustee GAAPS warns.

Clash at BA over pensions strategy; Clash at BA over pensions strategy; FTSE100 companies to ditch defined benefit pensions over tax changes; Workers face 20% cut in pensions; Time to re-examine target date funds

Investment Solutions has launched a fiduciary management service targeting small and medium sized firms.

Last week, Professional Pensions suggested that PensionsFirst has put its proprietary longevity software up for sale.

Redundancies at investment management houses will begin to affect front office operations, Hymans Robertson claims.

Treasurers should increase their involvement in managing the funding of UK companies' pension schemes, Hewitt Associates says.

IRELAND - Irish Pension Board chief executive Brendan Kennedy has put out a call to pension fund trustees and sponsoring companies to stop focusing on trying to lower contributions and produce funding proposals that are sustainable over the long term....

Former Royal Bank of Scotland chief executive Sir Fred Goodwin has volunteered to slash the total value of his pension by £4.7m.

Former RBS boss Sir Fred Goodwin to hand back part of controversial pension top-up; Pension manager Hermes increases investment in hedge fund sector