News

Increasing longevity may not be the biggest problem facing pension schemes, National Association of Pension Funds chairman Chris Hitchen says.

HSBC Actuaries and Consultants has appointed Richard Reid as chief executive officer to take over from Alan Fishman who will retire at the end of the year.

FRANCE - Commuters in Paris and other major French cities were faced with massive disruptions to their journeys today, as the long threatened transport strike over pension reforms finally went ahead.

NETHERLANDS - PGGM and PME have achieved good returns on commodities despite turbulence on financial markets.

The £2.3bn Philips Final Salary Plan is now fully funded following a £400m cash injection from the company and the adoption of a liability-driven investment strategy, the company reports.

Pensions minister Mike O'Brien has accused Conservatives of scaremongering over reform.

Software specialist Strait Logics has celebrated its 10th anniversary.

THE extent to which trustees are legally required to explain their actions to members and other beneficiaries "remains uncertain", a lawyer says.

China is to adopt new regulations on pension insurance administration.

News International has appointed FOUR Capital Partners to manage a £15m specialist UK equity mandate.