News

Pensions lifeboat to be captained by former Lehman Brothers director; Pensioners' friend; IoD concern over pension apartheid; Linklaters to lose 270 jobs as 'magic circle' regroups

Employers are using a range of methods to stave off the need to make staff redundant, the chartered institute of personnel and development says.

Trustees and employers will be spared historical pensions challenges after the deputy pensions ombudsman ruled court time limits should also apply to his office.

The Society of Pension Consultants has met with high ranking pensions ministers to discuss its plan to support the industry through the recession.

Taxpayers will have to find an extra £335bn over the next 50 years to fund gold-plated public sector pensions, a report claims.

UK - The trend of cutting dedicated SRI research is 'short-sighted' and 'counterproductive', FairPensions says.

NETHERLANDS - Extended recovery periods for under-funded pension schemes should be decided on a case by case basis, the Dutch Association of Industry Wide Pension Funds (VB) has argued.

UK - Taxpayers will have to find an extra £335bn over the next 50 years to fund gold-plated public sector pensions, a report claims.

ITALY - The overall subscription to Italian pension funds has increased by 7.2% over 2008, despite severe market turmoil, data by COVIP reveal.

UK - The National Association of Pension Funds (NAPF) has given its broad support to proposals which will help institutional investors on issues such as voting and the obligations of proxies.