News

THE Conservatives want to set up a "lifeboat fund" for scheme wind-up victims.

JOURNALISTS at the Wolverhampton Express & Star are calling for consultation on proposals to close their final salary pension scheme to be extended.

RUSSELL Investment Group has launched a fund of hedge funds for institutional investors.

An environmental research agency has repeated its warning that scheme returns could be hit unless trustees take account of a fund's carbon footprint.

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EMPLOYEES can offset carbon dioxide emissions through a give-as-you-earn scheme that has already been adopted by energy firm Centrica.

SICKNESS absence rose last year with workers taking an average of seven days each, costing the economy £13.4bn.

Scheme concerns over rising executive pay have been underlined by a new survey which show directors' salaries are outstripping other employees.

Savings made by scrapping contracting-out rebates for defined contribution schemes should be used to promote private pension provision, the Association of British Insurers says.

ANDREW SKIRTON - the former co-chief executive officer at Barclays Global Investors - has been appointed as non-executive chairman of Gartmore's advisory board.