News

Work and pensions secretary Peter Hain has been cleared of breaking the ministerial code by the Cabinet Office.

Some 52pc of employees in the UK are monitored by computerised surveillance systems, new research shows.

Idea for commission goes back to 1998

A third of workers expect to retire early, but nearly a quarter of people have no pension savings at all, a new study shows.

FRANCE - Société Générale Group has revealed evidence of an "exceptional" fraud in its Paris operations, amounting to €4.9bn (US$7.2bn) and admitted a further €2bn loss related to sub-prime positions.

Cru Investment Management has launched a fund investing in sub-Saharan Africa.

Outsourced investment platform provider Parmenion Capital Partners is linking up with Premier Pension Services to launch a consolidation small self-administered scheme.

Submissions for this year's UK Pensions Awards will be going out to the judging panels during the next few days.

NETHERLANDS - PGGM, renamed Pensioenfonds Zorg en Welzijn, suffered losses through equities and alpha strategies but still finished 2007 some €7.2bn (US$11bn) up on the previous year.

Czech mothers with only one child will lose early retirement benefit rights if proposed pension system reforms are approved.