The former trustees of the BA Airways Pension Scheme have vowed to take the scheme to court over its controversial move to stop paying pensions in-line with RPI inflation.
AUSTRALIA - The A$20bn ($21.3bn) REST Industry Super raked in a 9.5% return for its default strategy in the year ended 30 June.
The Pensions Regulator will not pursue moral hazard proceedings against Chemtura to a full determinations panel hearing after the chemical company agreed to contribute £60m to its UK pension scheme.
Public sector bills raise national debt overnight above £1.9trn; Taxpayers face £42K public pensions bill
London-based employers in the Local Government Pension Scheme are paying up to 100% more in contributions compared to funds outside the capital, official statistics show.
The Department for Work and Pensions has published a guide to pensions terminology in an attempt to strip away "unintelligible language and confusing jargon".
Early retirement through ill-health was the most common source of complaints received by the Pensions Ombudsman last year, its annual report says.
Schemes have been urged to "wait and see" with regards to the News Corporation bid for BSkyB
US/UK - Russell Investments has appointed Len Brennan as president and chief executive, and as a director on the company's board.
Russell Investments has appointed Len Brennan as president and chief executive, and as a director on the company's board.