News

WORKERS at the Rosyth industrial complex staged a wildcat strike in a protest over plans to quadruple their pension contributions.

Professional Pensions is backing a new campaign to set up a taskforce of "industry heavyweights" to tackle key trustee issues including structure and regulation.

US - The California Public Employees' Retirement System (CalPERS) has appointed Farouki A. Majeed as its new senior investment officer for asset allocation management.

Japanese small-cap fund managers have seen their ratings slashed after a year in which the median fund lost 10.8pc, research from Standard & Poor's shows.

The vast majority of workers support the workplace ban on smoking that will take effect in England from the beginning of July.

London Underground workers are to be balloted on strike action over plans to "undermine" pension rights of staff forced to leave their job through ill-health.

Green issues are starting to have a greater impact on trustees' investment decisions, experts claim.

Everyone will lose out if gender-based annuity rates are scrapped under an EU drive to provide equal access to goods and services, Standard Life warns.

THINC GROUP has launched an Annuity Desk in conjunction with Prudential and Just Retirement.

THE number of women without retirement provision has jumped by 400,000 in the last five years to a record high of 6.7 million, the Conservatives claim.