News

UK - Liverpool City Council has voted unanimously in favour of pulling its pension fund out of arms investments - the first time a UK council has passed such a resolution.

US - Stringent regulations forcing companies to disclose the financial, economic and material risks of climate change are urgently needed, according to the Californian Public Employees' Retirement System (CalPERS).

THE £1.5BN BAA Pension Scheme has appointed fund manager State Street Global Advisors to manage a £330m global equity 130/30 mandate.

UK - Members of the National Association of Pension Funds (NAPF) will discuss the T-Charter at the next Investment Council meeting.

UK - Half of the top 200 pension funds are in surplus to the combined tune of £3bn (US$6.2bn), according to figures released by Aon Consulting.

THE Takeover Panel has given Pension Corporation the right to withdraw its £400m offer for Telent.

As recognition of "third way" retirement income solutions continues to build, it is clear a polit...

Make a date in the diary. The 11th annual UK Pensions Awards - the single largest gathering of the corporate pensions industry in the UK - will take place at London's Grosvenor House Hotel on Tuesday, April 22, 2008.

ROYAL MAIL profits fell by a third in its 2006-07 financial year following a massive increase in pension fund costs

The last 12 months have seen UK schemes becoming increasingly involved with class action law suits in...