News

CANADA - Ken Georgetti, the president of the Canadian Labour Congress has warned the federal government to ensure pension assets were safe following the crisis in the asset-backed commercial paper (ABCP) market.

Independent financial adviser Positive Solutions' partners are likely to get a windfall of tens of thousands of pounds under an incentive scheme.

Workers at US car giant General Motors have accepted less generous pensions for new joiners in exchange for a moratorium on plant closures.

Trustees of the £3bn Telent pension fund were "unaware" of the £400m takeover of its sponsoring firm by a subsidiary of Guernsey-based Pension Corporation.

Five investment experts have joined forces to form a start-up asset management business.

What should be the current role of a consultant as far as scheme trustees are concerned? It should be...

SIEMENS staff have taken a step closer to strike action over plans to close the firm's final salary pension scheme.

Schemes will not investigate the use of derivatives and swaps unless trustees are educated about them, delegates were told.

British companies hit high water mark on profits; Banks seek secret loans after Rock ruin; Borrowers and banks hit as credit crisis takes toll of homeowners; New York mayor Bloomberg urges caution

Aberdeen Property Investors has launched a Russian property fund targeting pension schemes and other institutional investors.