News

Deal ends postal strikes; Payments to rise after PPF overrules its own adviser; Barclays calms investors with solid update; Darling told that he faces the prospect of ‘tax rage'

INCLUDING: UK - LCP offers guide to scheme buyouts; AUSTRALIA - Watson Wyatt strengthens global manager research team; UK - Watson Wyatt appoints sustainability manager; US - 401(k) participation driven by automatic enrolment; UK - Punter Southall appoints...

CANADA - A court case over the solvency deficiency in the Saskatchewan Wheat Pool/Grain Services Union (SWP/GSU) Pension Plan has been postponed after agri-business Viterra put an offer on the table.

UK - The National Association of Pension Funds (NAPF) has issued its updated corporate governance policy and voting guidelines designed to help shareholders and stakeholders interpret the Combined Code when considering voting decisions at company meetings....

The Pensions Regulator has shown it is prepared to act quickly and decisively in situations where potential trustee conflicts of interest arise after a buyout, lawyers say.

US/CANADA - North American institutional investors are routinely using equity derivatives as a method of obtaining desired exposures and hedging positions, according to Greenwich Associates.

UK - Unite, the union representing telent workers, has vowed to keep up pressure on Pension Corporation until it provides assurances on the future of the company's UK pension scheme.

UK - An academic study into social pensions in the developing world has been launched to find out how these schemes have helped to alleviate family poverty.

UK - Providers must urgently update their projection models before pensions' deficits reach catastrophic proportions, a leading academic has claimed.

UK - Schroders has told investors they may have to wait to get redemption from real estate investments because of liquidity issues.