News

Poorest pensioners could miss out; Alert over emerging markets risks; Investors emboldened by latest dip in oil price; Bank's rate stance weighs on sterling

CHANGES to bond indices this week have increased FTSE100 scheme liabilities by £9bn on an IAS accounting basis, Redington Partners says.

THE Financial Services Authority has banned Barnsley-based sole trader Darrell Mark Eaden from being a senior manager for failing to monitor effectively his pension transfer specialist.

UK - The majority of low paid workers would be better off not saving in a Personal Account, latest government figures reveal.

SWITZERLAND - Expectations for the Swiss economy diminished again this month, latest research from Credit Suisse reveals.

US - Shareholder concerns about executive pay packages are gaining traction, with a Watson Wyatt Worldwide survey revealing companies are responding to calls for change.

Including: US - Ex-CalPERS president joins Governance for Owners; UK - Tesco agrees to USS store sale; US - Northern Trust launches dashboard for investments; UK - Buck Consultants' new principal

The latest Professional Pensions Conjecture debate - held this morning looked at the key issues surrounding defined contribution investment.

TRUSTEES should not be scared by a pensions ombudsman determination which forced a board to personally repay £130,000, a law firm says.

NETHERLANDS - Mn Services has been chosen as fiduciary manager to the €360m SCA 't Anker and SCA Hygiene Products Nederland company pension funds.