News

US - The chief executive and directors of beleaguered mortgage lender Countrywide Financial have been accused of stock manipulation and allowing executives to profit from improper share transactions by the New England Teamsters & Trucking Industry Pension...

Danish labour market pension fund ATP has sold all its shares in petrochemical companies with dealings with Burma.

The pension gap between men and women has increased in the last year, Scottish Widows says.

Commitments on pensions by Siemens will not stave off the threat of strike action, the Unite union has warned.

SWITZERLAND - Urs Schaffner has joined Hewitt Associates from Mercer Consulting, to lead the Switzerland Pension Fund consulting team based in Zurich.

Morley has launched a diversified strategy fund to give smaller pension funds access to a lower-risk investment solutions without compromising longer-term returns.

Almost two thirds of pension schemes fear the European economy will weaken over the coming year, latest research by Axa Rosenberg reveals.

Rules which could have forced overseas firms to remove UK-based employees from their pension schemes have been changed after strenuous lobbying from the industry.

Legal & General has reported a growth of 11pc in new life and pension businesss in its third-quarter results.

UK schemes will spearhead a growing number of US class action law suits as investors become more aware of potential payouts, a lawyer says.