Global Pensions | 11 Mar 2010
UK - Pensions could play a pivotal role in how the voting swings in the general election, Nigel Waterson says.
UK - Courts in Canada and the US have blocked The Pensions Regulator’s attempts to seek £2.1bn (US$3.13bn) from Nortel Networks on behalf of the struggling UK pension scheme.
UK – Readers Digest UK has plunged into administration after The Pensions Regulator vetoed an agreement to settle its long-standing pension scheme liability.
UK - British Telecom has agreed a 17-year recovery plan with its trustees in an attempt to tackle a £9bn (US$14.1bn) deficit.
UK - A former trustee has questioned The Pensions Regulator’s powers when it comes to enforcing contribution orders against foreign parent companies.
UK/US - The Reader’s Digest Association said The Pensions Regulator will not approve a rescue plan for its pension scheme, throwing the future of its UK business into jeopardy.
UK - The Pensions Regulator has urged scheme trustees to review their securities lending practices.
UK - The number of schemes putting contingent assets in place jumped by 30% to 587 in 2009/10, research from the Pension Protection Fund and The Pensions Regulator revealed.
UK/US - Pensions trade bodies in the UK and US have agreed to share information they believe will help them strengthen defined benefit schemes.
Some 30% of trust-based defined contribution schemes have breached retirement disclosure regulations, a report by The Pensions Regulator revealed.
UK – The volume of buyout transactions will rise to £5bn (US$7.9bn) in 2010 as prices become lower and more stable, the Society of Pension Consultants predicted.
Raquel Pichardo-Allison compares the approach of the Netherlands and the UK to fiduciary management
UK - British Telecom pension scheme deficit grew by £3bn (US$5bn) over the last quarter after the telecoms giant reviewed its accounting assumptions.
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Global Pensions Awards 2010 – The winners
Institutions set to invest in Ucits-compliant hedge funds
EU hits back at Geithner on AIFM directive
Looking to infrastructure
Nominations now closed for the Global Pensions Awards 2010