News

Only a quarter of defined benefit scheme members in the private sector are accruing benefits, research reveals.

Rush to independence

Union members at electronics giant Siemens have voted for a strike ballot over plans to close the firm's final salary pension schemes to existing members.

GLOBAL - Credit rating agencies have sought to defend their reputations following the losses created by the sub-prime mortgage crisis.

"Two-tier" company pensions are disappearing, with even senior executives unlikely to receive defined benefit plans, research shows.

Trustees will face far tougher laws on the personal details they hold on members later this month, law firm Hammonds warns.

Professional Pensions is linking up with fixed interest specialist PIMCO to run two regional seminars for trustees.

Pension schemes need to put more effort into learning about liability-driven investment strategies to get the best out of them, delegates heard.

Deregulation is needed if defined benefit pension schemes are to survive, a survey by the National Association of Pension Funds suggests.

Pension schemes can gain from the credit crunch by investing sensibly and understanding risk-pricing, delegates heard.