News

LAURIE EDMANS has been reappointed as a non-executive director of The Pensions Regulator by pensions secretary James Purnell.

EUROPE - AEGON is working with Citigroup to develop a platform it believes will be the first step in offering multinational companies truly international pensions solutions.

GLOBAL - Watson Wyatt Worldwide vice president and chief financial officer Carl Mautz has stepped down as the group announces strong growth in the second quarter.

UK - The Confederation of British Industry (CBI) has slammed proposals from the Accounting Standards Board (ASB) to change the way liabilities are calculated and reported, describing them as a "kick in the teeth" for firms committed to defined pension...

US - Pension funds could see pending class action lawsuits in the US dismissed following the ruling taken on the so-called 'Stoneridge case' in the US Supreme Court.

Pensions Management Institute vice-president Brian Critchell is joining communication consultant Anthony Hodges Consulting.

Lancashire County Council has been accused of discriminating against 150 disabled fire brigade pensioners by trying to force them to submit to "illegal" data checks.

It has been a more than two years since the IORP Directive was due to be enacted by each of the member states. What has transpired since then? Are pan-European pensions now feasible? Frances Phillips Taft provides an overview of crossborder pension development...

UK - The £2.2bn (US$4.3bn) Avon Pension Fund and Bath and North East Somerset Council (Bathnes) has placed £250m of entirely new property mandates out to tender, split equally between domestic UK and overseas property.

WORKERS at aerospace company Goodrich will begin a second one day strike on Monday, February 11 after its final salary scheme was closed to new members.