News

TOYMAKER Tonka is to wind-up its four UK pension schemes.

A "STRIKINGLY" small number of trustees represent the make-up of the British workforce because they are almost all men aged over 50, Hymans Robertson claims.

Shareholders urged to oppose Sports Direct chiefs; Boost to Sainsbury's; Whitbread delays bond issue amid credit turmoil; Insurer unveils Slipe shake-up

THE NATIONAL Association of Pension Funds is considering launching a test case against HM Revenue and Customs in a bid to recover up to £300m of VAT for UK schemes.

PUNTER Southall has launched a DC Survival Guide for firms switching to defined contribution plans.

UK - The Tameside Metropolitan Borough Council has issued a tender for an independent valuer for the property portfolio of the Greater Manchester pension fund.

MANY workers remain unaware they can claim a free eye examination from their employer if they regularly use a VDU at work, a study reveals.

Martin Currie has lost a £243m UK equity mandate from Skandia Investment Management.

TRUSTEES should prepare themselves in advance for the possibility of their sponsor company being taken over or merged with another firm, Hymans Robertson urges.

INSTITUTIONAL sales saw total outflows of around £2.8bn in July, latest figures from the Investment Management Association show.