News

THE PENSION Protection Fund has published its updated management plan.

UK - Kent County Council pension scheme has chosen Invesco Perpetual to manage an unconstrained £200m UK equity mandate.

The Pensions Action Group was due to hold another protest in Parliament Square yesterday (Wednesday) to highlight the government's continued failure to restore lost pensions.

MAN GROUP has announced funding for the creation of an Oxford University institute for research in quantitative finance.

F&C warns mining firms

LV= has acquired an option to buy flexible retirement solutions provider Tomorrow from Swiss Re.

Regulations crucial to implementing the revamped Local Government Pension Scheme fail to comply with proper practice and are defectively drafted, a parliamentary committee claims.

UK - The UK Social Investment Forum (UKSIF) has lambasted the UK government for failing to address socially responsible investing (SRI) in its Personal Accounts White Paper.

Local Government Pension Scheme members could have to pay higher contributions as a result of cost-sharing arrangements the government wants in place by 2009.

PROPOSALS to merge the Pensions Ombudsman and the Financial Ombudsman are wide of the mark, the Association of British Insurers claims.