News

Around a third of small companies may abandon final salary schemes in favour of personal accounts, the Association of Consulting Actuaries warns.

The Korea Teachers' Pension Fund has awarded Won500bn (£270bn) in overseas equity mandates to Goldman Sachs and ING.

GLOBAL - Mercer has added six people to its global responsible investment (RI) team.

UK - Legal and General reported strong performance figures for 2007 but admitted it is struggling on Continental Europe.

The potential impact of personal accounts on workplace pensions must not be under-estimated, the National Association of Pension Funds warns.

Trustees have been warned to check their insurance cover as some policies may not cover all the risks they now face.

KEY industry concerns were left unaddressed by the second reading of the Pensions Bill, Fidelity International says.

HSBC Investments has launched a Russian equity fund in a bid to target emerging markets growth.

Salaries across the occupational pensions market rose by an average of 3pc last year, research by Sammons Pensions shows.

Strikes at airports run by BAA have been called off after the firm backed down over plans to close its final salary pension scheme to new members.