News

Mining company Rio Tinto has hired State Street to serve as its global custodian and be responsible for US$8bn (£5bn) in assets.

Angela Eagle has succeeded Rosie Winterton as pensions minister following the cabinet reshuffle.

The Rical Limited Staff Pension Fund has appointed Mercer to provide it with actuarial services, investment consulting and scheme administration services.

Royal Mail in threat to close pension scheme; Public sector staff with £1m pensions; Pension costs deter outsourcers; Tough years sees few winners; Plunging assets cast gloom over UK pensions

Women workers at a leading public school have won a pensions payout of £150,000 after being denied access to a final salary scheme.

Banking giant Barclays has confirmed it is in talks with BlackRock over the sale of its Barclays Global Investors arm.

Employers should consider warning higher-paid employees considering contribution variations they could face "severe" tax penalties, Watson Wyatt says.

US - The Indiana Treasurer has appealed to the US Supreme Court in its last attempt to block the sale of Chrysler assets on the ground the pension funds it represents are being discriminated as creditors.

Purnell: Brown must go; Lloyds faces pension demand; Morrisons becomes latest company to downgrade pension scheme; BA won't rule out pension closure

West Yorkshire Pension Fund head of pensions and investment Stuart Imeson will retire in the autumn, the scheme confirms.