News

US - Philadelphia faces a pensions timebomb as massively under-funded liabilities and rising costs could derail the city's financial plans, according to a report by Pew Charitable Trusts.

It's the start of a new year so time to make predictions. My forecast is that most of us will be...

Irish pension funds lost e4bn (£3bn) in the first two weeks of this year - as much as they did throughout 2007, Mercer says.

Mercer in consultacy role

Oil giant BP is taking a pension scheme contribution holiday this year after actuaries confirmed its final salary fund is in surplus.

Firms have slashed their pension costs for new recruits by closing final salary schemes and setting up money-purchase plans instead, new research reveals.

Salaries in the financial services sector rose by an average of 4.2pc in 2007, a new report shows.

Northern Rock in talks to sell £355m pension scheme; Rank on brink of £700m fund deal with Goldmans; Inflation fear tipped rates balance, MPC minutes show; Dow bounces back on hope of monocline rescue plan

Teachers need training to teach financial education, the ifs School of Finance says.

Cowen Asset Management is to launch a global climate change fund targeted at pension schemes.