An internal enquiry committee had suspended the doctors for promoting a threat culture and intimidation within the hospital premises. The court said that the suspension cannot go through without the State government’s or the Health Department’s approval.

PensionDanmark A/S and other Danish pension investors backed a state fund to finance emission-reduction projects in developing countries as the Scandinavian nation seeks to export its climate know-how abroad.

UK Pensions Speedbrief: Age discrimination challenge to judicial pension scheme succeedsThe Employment Tribunal has handed down its

The Employment Appeal Tribunal (EAT) has ruled that the transitional arrangements in the New Judges Pension Scheme (NJPS) constitute unlawful age discrimination.  In a related case, the EAT has also held that the Employment Tribunal (ET) f...

Cost–sharing for the Local Government Pension Scheme (LGPS) is a subject close to the minds and pockets of all LGPS funds, employers and members. Consultation by the Department for Communities and Local Government (DCLG) on cost–sharing ...

Hot off the press is a Court of Appeal decision dated 7 April 2009 (South Tyneside MBC v The Lord Chancellor and Secretary of State for Justice and Another) which held that former employing authorities are not liable to make good their funding defic...

In ArjoWiggins Ltd v Ralph (in which Eversheds LLP acted for the successful appellant) the High Court has considered the extent to which the time periods within which complaints may be brought are applicable to the Pensions Ombudsman. This is a help...

At the end of last year, we reported that the Government announced that headline agreements had been reached with the main trade unions in relation to the Local Government Pension Scheme (LGPS), the NHS Pension Scheme (NHSPS), the...

The Welsh Ministers have recently issued The Welsh Authorities Staff Transfers (Pensions) Direction 2012, under powers contained in Section 101 of the Local Government Act 2003 (the “2012 Direction”).  The 2012 Direction came into f...

? Pension data loss leads to £250,000 fine Lax arrangements with a supplier being used to digitise pension scheme records for a Local Government Pension Scheme (LGPS) administering authority  lea...

? Fair Deal: the latest developments On 19 November 2012 HM Treasury published its response to the March 2011 consultation on the future of the Fair Deal for Staff Pensions guidance. The Fair D...

? ? ? ?First detail published on employer cost cap and actuarial valuati...

SummaryThe Deputy Pensions Ombudsman has rejected a complaint by an academy against the administering authority of its Local Government Pension Scheme (LGPS) fund about the funding methodology used to allocate assets to the Academy when it was initi...

The Ministry of Housing, Communities and Local Government (MHCLG) has recently launched a consultation on what it has described as “technical” changes to regulations governing the ...

Sonko claims agency's actions are politically motivated.

The current low interest rate environment poses a significant risk for the long-term financial viability of pension funds and insurance companies, as they seek to generate sufficient returns to meet promises, according to a new OECD report.

Addis Ababa - Part of the 3rd International Conference on Financing for Development, this event explored strategies to leverage Africa’s pension funds and other sources of private financing to develop Africa’s infrastructure. Ways to improve the investment climate in Africa using the recently updated Policy Framework for Investment were also be addressed.

The country profile: pension eligibility ages and other qualifying conditions; the rules for calculating benefit entitlements; the treatment of early and late retirees; personal income tax and social security contributions.

Key findings for Italy from the report "Pensions at a Glance 2019"

The country profile: pension eligibility ages and other qualifying conditions; the rules for calculating benefit entitlements; the treatment of early and late retirees; personal income tax and social security contributions.

The country profile: pension eligibility ages and other qualifying conditions; the rules for calculating benefit entitlements; the treatment of early and late retirees; personal income tax and social security contributions.

The country profile: pension eligibility ages and other qualifying conditions; the rules for calculating benefit entitlements; the treatment of early and late retirees; personal income tax and social security contributions.

The country profile: pension eligibility ages and other qualifying conditions; the rules for calculating benefit entitlements; the treatment of early and late retirees; personal income tax and social security contributions.

The country profile: pension eligibility ages and other qualifying conditions; the rules for calculating benefit entitlements; the treatment of early and late retirees; personal income tax and social security contributions.

The country profile: pension eligibility ages and other qualifying conditions; the rules for calculating benefit entitlements; the treatment of early and late retirees; personal income tax and social security contributions.

The country profile: pension eligibility ages and other qualifying conditions; the rules for calculating benefit entitlements; the treatment of early and late retirees; personal income tax and social security contributions.

The country profile: pension eligibility ages and other qualifying conditions; the rules for calculating benefit entitlements; the treatment of early and late retirees; personal income tax and social security contributions.

Asia’s pension systems need modernising urgently to deliver secure, sustainable and adequate retirement incomes for today’s workers in the context of the rapid population ageing that will occur over the next two decades, according to a new OECD report.

Sweden should establish an independent committee of experts to oversee its National Pension Funds and set a clear, measurable financial objective for investments to ensure their long-term viability, according to a new OECD report.

London, UK. Discussions at this event focused on how to make Defined Contribution pensions work better for members, designing Defined Ambition pension plans, guarantees v. risk sharing pension deals and pensions communication and individual behaviour.

Ireland should make its pension system simpler and fairer so that everyone gets sufficient income for a decent standard of living in retirement, according to a new OECD report.

Faced with the acute poverty of many Russian pensioners, the Russian government is engaged in wide-ranging systemic reforms. This report contributes to the policy discussion by identifying aspects of the system that may need to be reformed and describing the experience of other countries as a point of comparison.

After showing an average negative rate of return on investment across the OECD zone in 2011, pension fund assets achieved high returns in almost all OECD countries in 2012, with a real return greater than 5% in 18 countries, according to the latest edition of Pension Markets in Focus.

The 2013 Global Forum focused on a number of critical policy, regulatory and supervisory issues affecting private and public pension provision in the Asia region.

This 2013 and fifth edition of Pensions at a Glance provides a range of indicators for comparing pension policies and their outcomes between OECD countries. The indicators are also, where possible, provided for the other major economies that are members of the G20.

Recent reforms of pension systems have helped to contain the rise in future costs resulting from ageing populations and increasing life expectancy. Governments now need to do more to encourage people to work longer and save more for their retirement to ensure that benefits are adequate enough to maintain standards of living into old-age.

Held in Amsterdam on 7 April 2014, this workshop focused on: long-term pension investment strategies under risk-based regulation; riskiness and pro-cyclicality in pension asset allocation; and, regulatory challenges for long-term illiquid assets.

Highlights for Finland from Pensions at a Glance which is a comprehensive examination of pension systems in OECD and selected non-OECD countries looking at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions.

Highlights for Denmark from Pensions at a Glance which is a comprehensive examination of pension systems in OECD and selected non-OECD countries looking at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions.

Highlights for Estonia from Pensions at a Glance which is a comprehensive examination of pension systems in OECD and selected non-OECD countries looking at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions.

Highlights for the Netherlands from Pensions at a Glance which is a comprehensive examination of pension systems in OECD and selected non-OECD countries looking at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions.

Highlights for Chile from Pensions at a Glance which is a comprehensive examination of pension systems in OECD and selected non-OECD countries looking at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions.

Highlights for the Slovak Republic from Pensions at a Glance which is a comprehensive examination of pension systems in OECD and selected non-OECD countries looking at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions.

2-3 October 2014, Swakopmund, Namibia: This event focused on the pension reform process in Africa, tax and the financial incentives that affect savings in complementary private pensions, and the role of pension funds in long-term investment financing and capital market development.

Low growth, low interest rates and low returns on investment linked to the slow global economy are now compounding the problems of population ageing for both public and private pension systems, according to a new OECD report.

The 2014 edition of the OECD Pensions Outlook explores the crucial and far-reaching challenges that pension systems are currently facing. This report was released at a launch event in London on 8 December 2014.

Experts and policy makers gathered today at the Inter-American Development Bank (IDB) to discuss the future of pensions in Latin America and the Caribbean. A panel discussion moderated by CNN journalist Gabriela Frias explored different policy approaches to ensure greater coverage and sustainability of pension systems in the region.

In this issue of "Pension Funds in Figures", preliminary data and early estimates for 2014 show that pension funds’ assets exceeded USD 25 trillion in OECD countries. The largest increases are found in Estonia, Korea, Luxembourg and Turkey, where pension funds’ assets rose by more than 20% compared to...