News

Draft pension transfer value regulations would create a "charter to rip off ex-members", Standard Life claims.

THE ULSTER Wildlife Trust has become the first organisation in Northern Ireland to be recognised as a "healthy workplace" by healthcare provider HealthSure.

UK - Citi has agreed to buy out the Thomson Regional Newspaper Pension Fund.

THE Conservative Party is set to publish a wholesale review of pensions policy and economic competitiveness later this week.

Citigroup buys out Thomson pensions; Goldmans in $2bn fund bail out; Markets rebound after banks calm investor fears; Credit turmoil hits banks funding Delta's offer for Sainsbury

STATE STREET has appointed Nick Wright as senior vice president and chief operating officer of State Street's investment servicing business in the United Kingdom

GLOBAL - The vast majority of pension funds have not invested in 130/30 (and similar) funds and have no plans to, found the results of the latest Global Pensions 100 Panel.

BARCLAYS Bank UK Retirement Fund has handed Russell Investments a £2bn global equity mandate.

FRANCE - The Fonds de Réserve pour les Retraites (FRR) has appointed Nicolas Sobczak, a former executive director at Goldman Sachs, as CIO following the departure of Jean-Louis Nakamura.

UK - Pension funds are working more closely with the companies they invest in, according to a survey released by the National Association of Pension Funds (NAPF).