News

UK - The London borough of Hammersmith and Fulham Council's pension scheme is looking to award a £120m (US$238m) dynamic asset allocation mandate.

RAISING Standards of Pensions Administration and Raising Standards of Trustee Education are set to join forces in a bid to improve the way occupational schemes are run.

UK - The Pension Corporation has revealed its investment strategy has helped enhance the Threshers pension fund's funding level, despite recent volatile markets.

UK - Trustees who receive payment for services may need to register with the Tax Office to avoid falling foul of new money laundering regulations.

UK - Unions have joined forces to recommend Royal Mail workers reject the company's proposals for its pension plan, branding its consultation a "sham".

ISLINGTON Council Pension Fund has gone out to tender for two mandates worth a total of up to £400m.

GLOBAL - Knight Vinke Asset Management and its institutional shareholder supporters have renewed calls for HSBC to dispose of its Household International (HFC) business, responsible for some of its $17.2bn losses over 2007.

UK - Pension scheme trustees have been set a deadline of two years to ensure the key activities of winding up are completed, under a consultation paper issued today.

New strike threat is looming for Royal Mail; Pension changes could lead to record final salary deficit; Ballooning sector continues to rise

UK - The Policy Exchange has slammed the government on pensions, claiming its reforms lack ambition and personal accounts are a 'disaster waiting to happen'.