News

ASIA - Asian pension funds could leapfrog over the west and lead the way in implementing environmental, social and corporate governance guidelines, according to a report by the Association for Sustainable & Responsible Investment in Asia (Asria).

A third of contract-based defined contribution schemes have not reviewed their retirement process in the past three years, research from The Pensions Regulator reveals.

US - The Securities and Exchange Commission proposed rules yesterday to crack down on pay-to-play practices by preventing managers, marketers and advisers from making political contributions.

UK - Directors of FTSE100 companies will have to pay more than £50,000 a year in additional tax from 2011 until they retire because of the tax-relief restrictions, a report by Lane Clark & Peacock revealed.

Here it is - the complete shortlist for ninth annual Pension Scheme of the Year Awards.

Personal accounts should learn from the experiences of other countries, a conference on international pensions in Washington DC was told.

IRELAND - The National Pensions Reserve Fund (NPRF) has gained a return of 9.4% during the second quarter of 2009 but was down 30.4% for the year.

The vote on the proposed merger of the Faculty and Institute of Actuaries is due to take place today.

NETHERLANDS - Dutch pension fund PFZW reported positive second quarter returns of 8.4%

UK/US - Personal accounts should learn from the experiences of other countries, a conference on international pensions in Washington DC was told.