News

Cadbury Schweppes has introduced a cycle-to-work programme as part of a green initiative.

NEW ZEALAND - The Canada Pension Plan Investment Board's (CPPIB) partial takeover offer for Auckland International Airport has been accepted by 62.4% of shareholders.

US - The long-running Enron pension dispute has been settled by the US Department of Labor.

INCLUDING: US - State Street acquires FinancialSockets; HONG KONG - LaSalle appoints CEO; UK - Research Oracle launched

TURKEY - The Turkish Army pension plan is to invest outside of Turkey for the first time.

GPs win legal fight over pensions cap; Prudential rules out Asian demerger; Gold soars as panicking investors seek safety; Investors lose £34m in shares scam

Trustees may be in breach of their fiduciary duty if they do not take climate change into account when making investment decisions, delegates heard.

Nedgroup Investments has launched a fund of hedge funds for institutional investors. It will provide access to investments uncorrelated to equity markets.

Scheme wind-up victims will be hit with "penal taxes" on their Financial Assistance Scheme compensation, the Pensions Action Group claims.

The current raft of pension reforms will not solve the burgeoning "pensioner crisis" in the UK, an expert warns.