News

UK - FairPensions warned fund management companies are likely to endanger investment performance and alienate clients by cutting teams dedicated to analysing environmental, social and governance (ESG) risks and opportunities.

US - Insurance firm AEGON has dropped its request to access the US bailout fund.

Positive steps have been made to address deficits through the scheme funding regime, and clearance activity has fallen, latest data from The Pensions Regulator shows.

The majority of firms are concerned about the impact of pension commitments on company cashflows, PricewaterhouseCoopers research reveals.

Warning on final salary pensions; Employers say widespread pay cuts can't be ruled out; 22,000 vie for 500 top civil service jobs; Pension problems may hamper any BA deal, but not as much as politics; Other side of the pension divide

Administrators for failed high street retailer Woolworths have notified the Pension Protection Fund of its collapse and expect member benefits will be rescued.

More integration of non-financial business information in financial statements is needed to enable well-informed investment decision-making, the International Corporate Governance Network says.

The vast majority of manufacturers are opposed to government plans which would legally require half of trustees to be member-nominated, an exclusive EEF poll reveals.

Electrocomponents has appointed HamishWilson as consultant to a number of its pension related projects.

NETHERLANDS - Pensioenfonds Zorg en Welzijn (PFZW), the second largest Dutch pension fund, will have to submit a recovery plan to the regulator after its coverage ratio dropped below 96% at the end of November.