News

The Local Authority Pension Fund Forum has published a trustee guide urging schemes to engage with companies over merger and acquisition activity.

South African stake

UK - International Power workers are to consider industrial action in a row over the company's plans to close its defined benefit (DB) contribution scheme.

THE CONSERVATIVES have lodged a formal complaint against Personal Accounts Delivery Authority chairman Paul Myners for launching a "political attack" on the party.

Unite has launched a boycott of Lil-lets and Simple products over their private equity owners' policy on enhanced pension benefits for staff made redundant.

Asset management firms and pension funds have joined a global call for a legal framework to tackle climate change.

Capita is to take on the administration of Prudential's mature life and pensions back-book in a deal worth £722m.

State Street Corporation has launched a private equity index to allow investors to measure their performance against their peers.

Pension schemes should use investments to achieve social change, an activist warned.

"For an equity portfolio we would be starting from 10pc in the UK. We do not believe it is necessar...