News

The Ontario Teachers Pension Plan has acquired shareholder advisory firm Glass Lewis for $51m (£25m).

Bupa has amended its group income protection product, preparing for future welfare reform changes and making it easier for employers to communicate benefits to their employees.

Three quarters of fund managers are failing to disclose policies on corporate and social responsibility, FairPensions warns.

Government is continuing discussions over plans to allow women more flexibility in "buying back" extra years for their state pension through voluntary National Insurance Contributions.

Moving to a flat-rate state second pension from 2009 will reduce rebates available to employers offering defined benefit schemes, the National Association of Pension Funds says.

THE PENSIONS Research Accountants Group has published guidance on accounting for derivatives in pension schemes.

IRELAND - On the day the pensions green paper was released the Minister for Social and Family Affairs, Martin Cullen has launched a book calling for the next phase of pension reform should focus on targets related to relative income poverty.

IRELAND - The government today released its much delayed green paper on the future of pensions.

UK - Telecommunications company, O2 has awarded Neptune Investment Management a mandate to manage £75m of its pension plan.

CANADA - Retired union members have planned a congress to address why 60% of Canadian workers have no workplace pension at all.