News

Trustees of three pension plans operated by tyre manufacturer Goodyear Dunlop have appointed Hewitt Associates to provide the schemes with full actuarial and investment services.

US - Proposed regulations restricting campaign contributions to board members have been approved by the California State Teachers' Retirement System (CalSTRS).

Annuity bar placed on trustees; Central banks inject yet more liquidity; Cash for personal finance courses; Fidelity managing director to take sabbatical

INCLUDING: UK -Mercer hire; CANADA - CPP developments; UK - BGI's new strategy chief; UK - PPF appoints two new non-executive board members

NEGOTIATIONS between Royal Mail and the Communication Workers' Union over modernisation plans have been extended - and are set to continue into the weekend.

UK - Paternoster has released new research claiming that the true cost of London tube strikes could add £90bn to British pension scheme liabilities.

Industry experts fear ministers are planning to scrap salary sacrifice contributions to bolster National Insurance revenue.

UK - Citigroup's acquisition of the sponsor company for the UK-based Thomson Regional Newspaper pension fund has been branded as a copy-cat opportunistic move by Pensions Corporation.

Ministers are still "divorced from reality" when dealing with scheme wind-up victims, Pensions Action Group campaigner Ros Altmann says.

INCLUDING: GLOBAL - Northern Trust CIO appointment; UK - SEI wins three DB mandates; UK - Watson Wyatt shows the way to change; ASIA -New Asian fund of funds; UK - Drive for Hewitt; UK - Deregulation debate; UK- Barnett Waddingham hire