News

UK - Thousands more people are now receiving compensation from the Pension Protection Fund (PPF), latest figures reveal.

The London Borough of Redbridge is considering allocating some of its pension fund assets into alternatives, including hedge funds.

US - The California Public Employees' Retirement System (CalPERS) has moved to have its views heard in a lawsuit over pension benefits.

US - J.P. Morgan Investor Services has announced risk analytics firm Measurisk has become part of its alternative investment services.

UK - Cable & Wireless (C&W) and Prudential have signed the first £1bn (US$1.8bn) bulk annuities pension deal.

THE Serious Fraud Office has confirmed another residential address has been raided in connection with its ongoing investigation into trustee firm GP Noble.

Publisher St Ives has closed its defined benefit pension scheme to future accrual.

Pension Insurance Corporation has completed a £42m buyout of the UK Can Pension and Assurance Plan - lifting the scheme out of the Pension Protection Fund.

Top UK directors are to retire on pensions of more than £200,000 a year, latest figures from the Trades Union Congress reveal.

The Pensions Regulator has used its powers to force Duke Street Capital into contributing towards a scheme of a company it owned last year.