News

A victim of unfair dismissal was compensated for the loss of her defined benefit pension scheme up to her retirement age by the Employment Appeals Tribunal.

The vast majority of defined benefit trustees are confident their sponsor will be able to survive the recession, a Baker Tilly survey of 200 schemes reveals.

Schemes with sponsors domiciled outside the European Economic Area (EEA) are at risk of being denied Pension Protection Fund coverage despite paying the levy, a consultant warns.

Home grown pension advice that is hard to swallow; Pension Protection Fund faces a long and lingering death; Unite union warns employers not to emulate Aon pension cuts

Insurance giant Aviva is to make staff across its UK operations contribute to their defined contribution pension fund for the first time.

NETHERLANDS - ING is to scale back its activities and return to core functions as it combines it global investment management businesses and prepares to shed assets worth up to €8bn (US$10bn).

UK- BNY Mellon has released its BNY Mellon Global Strategic Bond Fund, a global multi-sector fixed income fund targeted to UK investors designed to capture alpha opportunities from across the global fixed income markets.

Giovanni Legorano looks at how investors are retooling their core-satellite approach in the wake of financial meltdown

GLOBAL/UK- Schemes with sponsors domiciled outside the European Economic Area (EEA) are at risk of being denied Pension Protection Fund coverage despite paying the levy, a consultant warns.

NETHERLANDS- The Pensioenfonds Horeco & Catering (PH&C), the occupational pension fund for the Dutch hospitality and catering industry, has hired RCM to manage a European small-cap equity mandate, a maiden investment for the fund.