News

TWO supermarkets are set to give employees nearly £130m in sharesave plan payouts.

Employers looking to set up workplace personal pensions ahead of 2012 should wait until the full extent of regulation becomes clear, a law firm warns.

BT faces industrial action should it not gain member approval over pension scheme changes, the Communication Workers Union warns.

Disgruntled council schemes have told Whitehall chiefs that service standards have suffered due to delays to regulations for the new-look Local Government Pension Scheme.

GLOBAL - Institutional investors are failing to incorporate sophisticated techniques into their investment practices, the EDHEC European Investment Practices Survey 2008 has found.

US - Political game-playing could stand in the way of Kentucky's pension recovery, as the issue continues to be debated by the state legislature.

Pensions turning into a postcode lottery in September; Putnam hires ex-Fidelity executive as CEO; Red faces as Citigroup closes Old Lane businesses

JAPAN - Despite strong inflows to Japanese equities and funds in the past few months, from the likes of AP1 and the Merseyside Pension Fund, experts are still divided over the question of investing in Japan, with no clear consensus emerging.

A government savings scheme aimed at low earners could deter people from joining personal accounts, a consultant warns.

HERMES has outsourced its custody, investment operations, fund accounting and transfer agency functions to Northern Trust.