News

Trade union GMB has accepted the British Airline Pilots' Association's closure of its defined benefit pension scheme.

No real reason to join Friends despite new chief and bid hope; Business big shot: Danny Truell of Wellcome Trust; Banks pressure FTSE after RBS interims; Citigroup and Merrill in $20bn action-rate securities agreements

The new-look Scottish Local Government Pension Scheme will be easier to implement because of lessons learned from reform to the English and Welsh scheme, managers say.

The UK government has been accused of pulling the wool over taxpayers' eyes following claims "fictitious surpluses" were used to boost government funds from two of the UK's largest pension funds.

The £5.3bn Co-operative pension scheme has reappointed BNY Mellon Asset Servicing as its sole custodian.

HM Revenue & Customs has made a U-turn on its requirement for occupational pension scheme trustees to register to comply with money laundering regulations.

The credit crunch has created unprecedented opportunities for the insured buyout market and businesses looking to clear pension liabilities from balance sheets, Aon Consulting says.

Standard Life boosts dividend as profits soar; >£41bn pension deficit points to final chapter for final salary schemes; Friends battered as wealth buyer fails to bite

Society is "sleepwalking" into sacrificing defined benefit pension provision, Investment Management Association members warn.

NETHERLANDS - Dutch pension funds ABP and Pensioenfonds Zorg en Welzijn (PFZW) have invested in waste management group SAV group, through the €500m (US$773m) NIBC European Infrastructure Fund.