News

THE multi-employer Scottish Federation of Housing Associations Pension Scheme has unveiled a raft of changes to protect its defined benefit arrangements.

CANADA - The Canadian Pension Plan Investment Board (CPPIB) has joined a consortium which plans to bid for the chance to start a new wireless company.

94pc of schemes believe they could do more to become environmentally friendly, latest research from eShare shows.

UK - Marks & Spencer has said it would put £200m (US$403m) into its defined benefit pension scheme over the next three years by increasing the amount of property, the fund had in its portfolio.

US - The New Hampshire Retirement Security Coalition is meeting today to oppose proposed retirement legislation and attempt to ensure the long-term viability of pensions for current and future public employees.

CHILE - Chile is expected to sign into law tomorrow a program which would overhaul the pensions system, according to reports.

UK - Pension funds have embraced unconstrained equity according to Hewitt Associates.

THE O2 Pension Plan has appointed BNY Mellon Asset Servicing as its global custodian.

UK - The Pensions Policy Institute (PPI) has said saving in a pension "may not be suitable for some groups of people".

UK - The Lothian Pension Fund is suing Ericsson for an alleged fraud, which it claimed cost the scheme $3.2m.