News

DWP and Treasury locked in battle over pension compensation; Paternoster wins deal for Lasmo pensions; Solvency regime still hangs over DB funds; Worldwide appetite for bonds wanes in wake of credit squeeze

European pension funds have given African pension funds advice on how to use beta effectively in a pension fund portfolio.

UK - According to a report by FairPensions, the UK has recognised the need to address environmental, social and governance (ESG) issues, but many well known companies are still dragging their feet on climate change and human rights.

THE GOVERNMENT has gone out to consultation on draft regulations which will allow self invested personal pension schemes to hold protected rights.

THE CREDIT crisis is delaying the execution of derivatives-based liability hedging strategies for pension funds, Watson Wyatt warns.

US - Investors in the shareholder derivative suit concerning options backdating at UnitedHealth Group Inc have been awarded US$920m from its officers.

PRIME Rate Capital Management has received authorisation from the Financial Services Authority to become the first UK-based specialist provider of qualifying Money Market Funds.

ABI joins chorus against Sports Direct; Rate cuts begin; Two leading bidders stumble in race for Rock

With their bottomless balance sheets and engineering abilities, investment banks have positioned themselves to move into the defined benefit space. But are they welcome and is there room for everyone? Jenny Blinch investigates

US - Mercer has said it will "vigorously" defend a $1.8bn law suit by the State of Alaska, which alleges the actuary made mistakes in calculating the state pension plan's expected liabilities.