News

GLOBAL - Qantas has reached an ‘in principle' agreement with the Australian Services Union over pay, conditions and superannuation contributions.

FINLAND - Finnish investment institutions have invested in nickel and copper projects in North Finland, run by Candandian based firm Scandinavian Minerals.

Concentration of research on large-cap stocks has opened opportunities for pension schemes to boost returns in small-cap markets, Pictet believes.

INCLUDING: AUSTRALIA - UK - NAPF supports Solvency II position; AMP appoints head of credit markets; UK - Workers retire early

UK - The Fire Brigades Union (FBU) has vowed to continue to its seven-year battle to win equal pension and sick pay rights for thousands of retained firefighters, following an Employment Tribunal hearing last week.

Credit crunch will hit real economy, says CBI chief; Investor claims HSBC misled shareholders over bonus plan

Pension schemes should be forced to tell retiring members about the benefits of open market option annuities, Living Time says.

Growth in the number of managers offering "off-the-shelf" liability-driven investment solutions could reduce scheme closures, KPMG claims.

Freshfields drop claim against ex-partner; Heat builds on Standard board; Telegraph pensions dispute escalates; Banks feel the pinch as covered bond trading is suspended

UK - Express Newspapers and Telegraph Media Group have accused each other of being "irresponsible" as the dispute over the West Ferry Printers' Pension Scheme deficit continues.