News

Pensions body defends cost of consultants; Just Retirement upbeat on annuities; Tax cut will trim pensions pot for 7 million; HBOS seeks £4bn from shareholders as credit crunch bites

Pension powers planned; Differing views over life left in DB plans; Guidance required for the DC schemers; Split over saving scheme charges

THE Pension Protection Fund has gone out to consultation on the implementation of a solution to make sure men and women receive equal compensation.

BALANCED pooled funds failed to achieve positive returns during the first three months of the year, latest BNY Mellon Asset Servicing figures reveal.

GERMANY - Unilever Germany has created a contractual trust arrangement (CTA) in an attempt to fund pension liabilities, according to MandateWire.

TRUSTEES of UK charity pension funds should undertake an urgent governance review to ensure the long-term health of schemes, a Charity Finance Directors' Group report warns.

Nicholas-Applegate Capital Management has launched three 130/30 strategies for institutional investors.

GLOBAL - Pension schemes could soon rate emerging market fund managers on their attitude to environmental, social and governance (ESG) issues through work by Mercer and the International Finance Group (IFC).

US - Schott Group Investment Consulting has joined CapTrust to create Florida's largest private investment consulting firm.

UK - A two day strike at the Grangemouth oil refinery in Scotland has gone ahead after discussions between petrochemical company INEOS and trade union Unite broke down last week.