News

PERCEPTIONS about the value of pensions must change to ensure the ageing population copes with retirement, delegates at the National Association of Pension Funds were told.

THE government has launched an informal consultation exercise on transitional protections following the abolition of the so-called rule of 85 last year.

Hutton pledge on pensions trustees; FSA warns market over potential abuses; Activist investors risk abuse, says FSA; JPMorgan offers to buy back Greek pension funds bond

UK - The Dumfries and Galloway local authority pension fund has completed a two-year restructuring of its portfolio by awarding two active currency and two global equity contracts.

BA slashes deficit

US - The House Financial Services Committee has passed the Iran Sanctions Enabling Act of 2007 enabling state and local governments to divest the assets of their pension funds.

THE PENSIONSFORCE service has now helped over 1000 people, the National Association of Pension Funds says.

THE PENSION Service is to suspend the provision of state pension forecasts in order to update its IT systems to reflect the Pensions Bill.

GOOD governance is "absolutely critical" for defined contribution schemes, delegates heard.

US - The former head of institutional sales at Merrill Lynch Investment Managers, Donald Steinbrugge, has founded Agecroft Partners, a consulting and third party marketing firm for hedge funds.