RBS

US/UK - Royal Bank of Scotland has won a court ruling which dismissed a class action by two US pension funds claiming they suffered "massive" losses during the financial crisis.

UK - Dutch manager Mn Services plans to sue Royal Bank of Scotland in the UK over losses relating to sub-prime mortgages and has been in discussions with other European schemes about joining the suit.

The part-nationalised Royal Bank of Scotland has cut its pension costs by £144m compared with the first half of last year.

UK - The part-nationalised Royal Bank of Scotland has cut its pension costs by £144m ($230m) compared with the first half of last year.

UK/NETHERLANDS - Royal Bank of Scotland is nearing a deal to sell its European private equity portfolio to Alpinvest, a Dutch private equity fund owned by pension investors APG and PGGM, a person close to matter said.

Pension funds are joining other institutional investors in grabbing an increasing share of secondary hedge fund market, as David Walker reports

Pension funds are joining other institutional investors in grabbing an increasing share of secondary hedge fund market, as David Walker reports

EUROPE - Reporting choices available to European banks under accounting rules can give investors a misleading view of the impact pension plans have on the banks' capital, a report by Moody's Investor Services revealed.

Beleaguered RBS is to pay out a pension even larger than Sir Fred Goodwin's controversial £12.3m retirement pot.

A group of banks and insurance firms have launched an association to promote the development of a liquid traded market in longevity and mortality-related risk.