News

More than 700 Tube cleaners are set to be balloted for industrial action over pension provision and other employment conditions, the Rail, Maritime and Transport union says.

Warning on pension schemes in the red; Fears over standard of living in retirement; Man Group's profits soar as AHL Diversified outperforms

A Scottish scheme has received a contract worth £56,000 to help local workers better understand pensions.

US - San Diego mayor Jerry Sanders has unveiled a proposal for a hybrid pension system for all non-public safety employees hired by the city after 1 July 2009.

F&C Investments has hired Julian Lyne as head of global consultants.

US - Discrimination based on sexual orientation has been challenged by the New York City pension funds in a shareholder resolution to ExxonMobil.

The long-running legal battle over Turner & Newall's employer debt liability to the Pension Protection Fund has been resolved.

NETHERLANDS - SEI has announced it has won the mandate to act as fiduciary manager for the €1.5bn Bpf Meubel pension fund for the Dutch furniture industry.

The Pensions Regulator's extended powers could be unworkable because the government is pushing them through without debate, a lawyer warns.

The Pensions Regulators' e-learning trustee toolkit is not specific enough for smaller schemes, the Society of Pensions Consultants warns.