News

US - The funded status of the California Public Employees' Retirement System (CalPERS) could fall to as low as 68% by the middle of next year unless the scheme is able to turnaround a 20% loss on its value since 1 July, its actuaries have warned.

Pensions regulator to get more power to protect members; Owner-managers fear for pensions; Who foots the bill?; Pensions crisis as share falls leave company schemes facing cash shortage; Mayhem punctures pensions; Pensions crisis as share falls leave...

PRUDENTIAL has seen a 38pc increase in total annual premium equivalent sales in the first nine months of the year to £732m.

The Pensions Regulator has published an outline of its code of practice on the material detriment test proposed by the government when issuing contributing notices.

An announcement on the partial privatisation of Royal Mail could dictate the future of the company's defined benefit pension scheme, the Communication Workers Union says.

The value of top civil servants' pensions across all government departments has risen by £16m to £138m in the last year, research by the Liberal Democrats has revealed.

Emerging Asia equity markets have the greatest potential for gains over the next 10 years, a poll of UK pension funds reveals.

Chas A Blatchford and Sons has appointed Gissings Consultancy Services to provide advisory, trustee secretarial and administration services for its occupational pension scheme.

UK - The majority of UK pension schemes have selected emerging Asia as the region with the biggest potential for equity gains over the next 10 years, a study by Baring Asset Management has revealed.

GLOBAL - The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have agreed on the rapid appointment of a high-level advisory group to consider how improvements in financial reporting could help enhance...