News

Proposals that schemes should commission an independent Myners compliance review have been slammed by 90pc of managers, an exclusive PP poll reveals.

ITALY - Laborfonds, the defined contribution (DC) fund for workers in the Trentino/Sud-Tyrol region of Italy has launched an appeal urging employees to sign up before 30 June.

INSTITUTIONAL investors managing £454bn of assets were set to vote against the reappointment of Michael Boskin to the board of Exxon Mobil.

THE PENSION Protection fund is planning on a five-fold increase in the number of schemes it gets through the assessment period next year, delegates heard.

US - The Securities and Exchange Commission (SEC) has begun investigating the New Jersey treasury over the handling of its public employees' pension fund.

DRAFT regulations on winding up are set to boost lump sum payments for thousands of members with small pensions, Atkin & Co says.

GENERIC financial advice will give people access to positive information on saving for retirement, Thoresen Review member Alan Higham said.

The Pension Protection Fund's decision not to include investment strategy as a separate risk factor in its risk-based levy has been broadly backed by the industry.

COMPANIES are clamouring to get buy-out estimates as longevity increases, delegates heard.

BALANCED pooled funds achieved a median return of 2.2pc in April, latest CAPS figures from Mellon Analytical Solutions show.