News

IRELAND - The Irish Association of Pension Funds (IAPF) hailed yesterday's green paper, as an opportunity to make pensions more attractive and understandable.

The Ashridge Business School Pension Scheme has appointed Wragge & Co as its legal adviser.

Including: GLOBAL - Emerging Markets ETF launch; EUROPE - Euro property outlook sunny, UK - PRAG releases accounting guide

Trade unions have told BAA they will fight plans to close its final salary pension scheme to new entrants.

UK - The Pensions Regulator has stepped in to resolve a battle between EMI Group's pension trustees and new owner Terra Firma Capital Partners.

Cordea Savills has launched a UK property fund which will focus on non-traditional areas of the market with a target return of 20pc a year.

THE National Association of Pension Funds has launched a service for members with defined contribution plans.

Britain's biggest firms have seen pension deficits drop by £24bn since the middle of August.

The gap between contributions into defined benefit and defined contribution pension schemes is growing, according to figures from the Office of National Statistics.

Almost half of workers will opt into personal accounts when they are introduced in 2012, new research from Legal & General shows.