News

GLOBAL - Russell Investments has signed the United Nations' Principles for Responsible Investment (UN PRI) amid increasing demand from its clients of products compliant with such principles.

Russell Investments has signed the United Nations' Principles for Responsible Investment amid increasing demand from its clients for products compliant with such principles.

DSG expected to win support for its salary sacrifice scheme; New pension grab shock for widows

Half of defined benefit pension schemes in the UK do not have a long-term plan to reduce risk, a Hymans Robertson and PensionChair Network survey reveals.

Key Travel has launched an online total reward and flexible benefits package to boost employee engagement.

The £23bn Universities Superannuation Scheme has appointed Roger Gray as chief investment officer to succeed Peter Moon, who is retiring after 17 years at the scheme.

HONG KONG - Hong Kong based asset manager Value Partners Group cut management compensation by 92%, its interim report for 2009 revealed.

UK - Some 87% of defined benefit pension schemes are closed to new entrants and 18% are close to future accrual, statistics from the Association of Consulting Actuaries revealed.

US - AT&T has reached a tentative three-year agreement with the Communications Workers of America, which increases pension and pay bands for around 7,000 employees around the country.

UK/CANADA - Nomura has secured a six-year rent holiday after signing a 20 year lease in a new office development owned by Oxford Properties Group, a subsidiary of the Ontario Municipal Employees Retirement System (Omers).