News

The European Commission has adopted additional proposals clarifying the scope of the new European Supervisory Authorities.

Growing pension liabilities reported in UK plc's company accounts at year end could shock shareholders as the impact of falling bond yields is felt, PricewaterhouseCoopers warns.

Some 30% of trust-based defined contribution schemes have breached retirement disclosure regulations, a report by The Pensions Regulator reveals.

Minor amendments to personal accounts scheme order and rules will be made as a result an industry consultation but no major changes will take place, PADA says.

Pensions review reveals breaches of disclosure rule; Pension funds recover $1.5trn; Insurers fear calamity over EU rules on bank bonds

UK - NAPF chairman Lindsay Tomlinson speaks to GP senior correspondent Giovanni Legorano about his goals for the organisation given the current situation of the UK pension industry.

UK - Pension scheme liabilities could hit £1.2trn (US$1.7bn) by the end of December as a result of a sharp decrease in AA corporate bond yields, Xafinity Consulting warned.

US - The California Public Employees' Retirement System is striking back at a media report suggesting staff and trustees increased its exposure to private equity despite warnings from its consultant.

EUROPE - The vast majority of UCITS asset managers are set to consolidate their various companies as they prepare for the implementation of the UCITS IV directive.

GLOBAL - Pension funds in emerging market countries have outpaced those in developed countries as they recover from the financial crisis, a report by the Organisation for Economic Co-Operation and Development found (OECD).