News

INDEPENDENT trustees have been left frustrated and affronted by new HM Revenue and Customs money laundering regulations, lawyers say.

US - Pension funds are not exempt from fraud rules and must ensure they comply with regulations, the Securities and Exchange Commission (SEC) has warned.

Cardif Pinnacle has launched a service designed to get people back into the workforce after illness and redundancy.

With the increased complexity surrounding DB investment and growing competition from other providers, investment consultants are being forced to evolve their model or face an uncertain future. Jenny Blinch reports

Keren Holland talks to Partha Dasgupta of the UK's Pension Protection Fund (PPF) about long term risks, the PPF levy, and industry attitudes towards the PPF's work

Defined contribution scheme members must wake up to the consequences of increased longevity and make more effective retirement plans, BlackRock says.

US - Shell has agreed in principle to settle a long running class action suit with two US pension funds, in a deal that will cost the firm at least US$80m.

SPAIN - BBVA Fondo de Empleo has announced it will invest 5% of its pension fund assets into alternatives.

MEASURES to increase the level of payments by the Financial Assistance Scheme are to be fast-tracked, minister for pensions reform Mike O'Brien announced today.

US - The Canadian Pension Plan Investment Board (CPPIB) has appeared before two Congressional Subcommittees in Washington to argue against CPPIB being lumped together with sovereign wealth funds.