News

Schemes and trustees are not doing enough to ensure their fund managers are getting the best price on share trades, managers believe.

Schemes are not doing enough to ensure fund managers are getting the best price on share trades, an exclusive survey by Professional Pensions reveals.

NEW ZEALAND - Lack of industry experience and a worsened debt rating thwarted the Canada Pension Plan Investment Board's (CPPIB) attempt to buy into Auckland Airport.

US - Maximum monthly payments would rise to US$51,750 a year for pensioners in under funded schemes covered by the Pension Benefit Guaranty Corporation (PBGC), according to the latest guidelines published by the group.

UNITE has confirmed that its shop stewards at BAA have called for a strike ballot over plans to close the firm's final salary pension scheme to new employees.

US - Industry standard data analysts, Trepp have partnered with Wilshire to provide exclusive data and cash flow models for the Wilshire Axiom fixed income analytics division.

THE NETHERLANDS - The creation of a general pensions institution (Algemene Pensioeninstelling - API) should ensure the country's position as "pensions champion" according to a report by Dutch industry figures.

THE Pension Protection Fund has appointed Peter Walker as director of its newly formed delivery directorate.

JUST RETIREMENT has revealed a 33pc increase in first quarter sales, its latest trading figures released today reveal.

Pearl rejects Standard Life's takeover offer for Resolution; Passengers face disruption as BAA prepares for strike; Fund bosses get £10m bonus; Pound leaps to post-1981 high against dollar as UK rate cut looks less likely; Merrill Lynch is sued as O'Neal...