News

Employers would offer middle-way pension schemes with contributions of 10% or more if restrictive legislation was modified, the Association of Consulting Actuaries says.

US - The New York State comptroller Thomas DiNapoli has filed a suit against Aldus Equity Partners, its principals and others, in the latest development of alleged misdeeds at the New York pension funds.

UK - The Personal Accounts Delivery Authority has launched a discussion paper on the investment approach for the new national pension scheme.

FRANCE - The Fonds de Réserve pour les Retraites (FRR) posted a decline of its cumulative performance of 6.5% for the first quarter of 2009.

Four-fifths of trustees, HR directors and scheme managers believe changes to the taxation regime in 2011 will make pension decisions harder to make, Hewitt Associates say.

The Personal Accounts Delivery Authority has launched a discussion paper on the investment approach for the new national pension scheme.

Pension scheme favours safety first investing; Pell quits RBS with £9.8m pension

The Pensions Regulator has made changes to its material detriment code to ensure greater clarity following an eight-week consultation.

The parliamentary ombudsman has released a special report condemning the government's "disappointing" response to her Equitable Life recommendations.

Over nine-tenths of property funds believe there is a link between environmental performance and financial returns, a survey by the Environment Agency Pension Fund and Aviva Investors reveals.