News

The Pensions Regulator and the Pension Protection Fund have released an up-to-date edition of its Purple Book.

The Ludgate Environmental Fund has invested e2m (£1.43m) in Dutch wind turbine manufacturer, Emergya Wind Technologies.

FirstGroup has begun a compliance monitoring programme for all employees in its North American business following pressure from the Local Authority Pension Fund Forum.

Mercer has acquired Höfer Vorsorge-Management, one of Germany's leading actuarial and retirement consulting firms.

Investment in staff training and career development is set to grow in 2008 as more resources are devoted to non-pay strategies, research by Mercer reveals.

The full impact of age discrimination regulations on UK pension schemes will not be known until at least 2009, a law firm warns.

Hermes Pensions Management head of investment management in real estate Fiona Sweeney is leaving the firm. Sweeney - who joined Hermes in 1992 - has held the post since 2004.

The California Public Employees' Retirement System has adopted a new international investment strategy in a bid to boost returns.

Turbulent credit market conditions mean corporate reporting and governance risks are higher than they have been for "some years", the Financial Reporting Council warns.

Thousands of women will face a poorer retirement following a government U-turn on pensions reform, Age Concern warns.