News

Regional office fund

TRUSTEES run unnecessary risks with members' pensions if they fail to review an employer's covenant or business plans regularly, an advisory service warns.

RCM and Royal London Asset Management have won combined mandates of £300m from the London Borough of Ealing.

THE LONDON Pensions Fund Authority will continue its push for better corporate governance at BP in the wake of chief executive Lord Browne's shock resignation.

Journalists at the Carlisle News & Star and Cumberland News are considering industrial action over the closure of their final salary pension scheme.

Trustees must raise funding issues during takeover deals whether their scheme has a shortfall or not under new guidance from The Pensions Regulator.

THE PENSIONS industry will damage its reputation by failing to engage in the design of a generic financial advice system, Otto Thoresen warns.

PENSION reform will cut the number of pensioners relying solely on government guaranteed credit to around 6pc by 2050, official estimates show.

AUSTRIA - Hewitt Associates has bought Vienna-based human resources consulting company HeptaCon, expanding its Austrian HR consulting services in the process.

Insight Investment has published its first annual report on out how it integrates environmental, social and governance issues into its management and research processes.