News

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

Pension schemes wipe out gains; Friends Provident ready to talk takeovers; Whitehall crackdown on bloggers and social networks after Civil Serf

IRELAND - The Pensions Board has brought a High Court case against construction firm Limestone Construction, alleging it failed to pay pension contributions.

THE multi-employer Scottish Federation of Housing Associations Pension Scheme has unveiled a raft of changes to protect its defined benefit arrangements.

CANADA - The Canadian Pension Plan Investment Board (CPPIB) has joined a consortium which plans to bid for the chance to start a new wireless company.

94pc of schemes believe they could do more to become environmentally friendly, latest research from eShare shows.

UK - Marks & Spencer has said it would put £200m (US$403m) into its defined benefit pension scheme over the next three years by increasing the amount of property, the fund had in its portfolio.

US - The New Hampshire Retirement Security Coalition is meeting today to oppose proposed retirement legislation and attempt to ensure the long-term viability of pensions for current and future public employees.

CHILE - Chile is expected to sign into law tomorrow a program which would overhaul the pensions system, according to reports.

UK - Pension funds have embraced unconstrained equity according to Hewitt Associates.