News

Nearly three-quarters of schemes say the cost of managing pension funds is growing at a faster rate than any other business overhead, research reveals.

AT least 10 of the UK's biggest firms are looking at buying out some or all of their scheme liabilities, Lane Clark & Peacock research reveals.

US - Demands by the US$164bn California State Teachers Retirement System (CalSTRS) for ONEOK to report on greenhouse gas emissions have been supported by RiskMetrics Group.

GETRONICS has launched an enhanced flexible benefits programme.

Top companies seek to offload risk of their pension obligations; Paternoster's pension concept comes of age; Times panel in knife-edge vote as Inflation fears outweigh slowdown

AUSTRALIA - Industry superannuation scheme members have benefited from more than twice the man hours spent by directors running their fund than retail scheme participants.

The Society of Pension Consultants is set to transfer some of its historical records to The Pensions Archive Trust.

US - New York state comptroller Thomas DiNapoli has axed pension rights for six more officials as part of an investigation into the state retirement system.

WATSON WYATT has boosted its defined contribution pension consulting team with two senior hires.

Including: JAPAN - DC plans go mobile; UK - SEI appoints institutional client service director