News

Mervyn King got £520,000 boost to pension pot in 2008; Boots looks radiant after takeover by private equity

Some 36% of employers have recorded an increase in long-term sickness absence since 2007, research reveals.

No final salary schemes currently open to new members are planning to close in the near future, a survey of 200 firms reveals.

In the latest of our interviews with scheme managers, EMMA DUNKLEY speaks to RICHARD MCINDOE of the STRATHCLYDE PENSION FUND about the implementation of the new-look scheme in Scotland.

Carbon markets need urgent changes in order to encourage institutional investment and the development of a low-carbon economy, the Institutional Investor Group on Climate Change says.

The disruption in the sterling corporate bond market in the period following the credit crisis has created investment problems for pension funds, a study by the Investment Management Association reveals.

POLAND - Polish pension fund (OFE) assets under management rose by 5.7% during the month of April, the highest increase in the past year, according to data by research company Analizy Online.

US - JCPenney made a voluntary contribution of $340m to its corporate pension plan bringing its funding ratio above 110%.

Haunted by lack of clear disclosure of material risk

Active management firms' revenue worldwide declined by 30% - 50% last year, Watson Wyatt research reveals.