News

UK / FRANCE - Insight Investment has awarded distribution rights to Cohen Brothers Financial Services for the French institutional market in an expansion of Insight's European expansion strategy.

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.