News

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.

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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.

NETHERLANDS - Royal Dutch Shell has confirmed the funding ratio for its pension scheme slumped to 85% at the end of November but stressed there would be no changes to existing pension provision.

GLOBAL - Irish pension funds were hit by the worst investment returns of the OECD area in the period from January to October 2008, with a -30% loss in nominal terms, figures released by the Organisation for Economic Co-operation and Development (OECD)...