Advisers – Page 51

  • News

    Mercer buys Callan to create consulting giant

    2009-02-17T16:55:00Z

    [16:55 CET 17-02] UNITED STATES – Callan Associates, the San Francisco-headquartered consultant to major investors such as US pension funds, is being bought by rival firm Mercer to create one of the largest investment consulting businesses in the US.

  • News

    DB sponsors fear scheme impact

    2009-02-09T15:55:00Z

    [16:55 CET 09-02] UK – Research suggests nine out of 10 companies with a defined benefit (DB) pension fund are worried about the impact their scheme will have on the business.

  • News

    Hammersmith & Fulham seeks investment advice

    2009-02-09T14:45:00Z

    [15:45 CET 09-02] UK – The London Borough of Hammersmith and Fulham has formally initiated a search for an investment consultant for its £430m (€490m) local authority pension fund.

  • News

    Nuclear authority tenders for advice

    2009-02-06T15:30:00Z

    [16:30 CET 06-02] UK – The Nuclear Decommissioning Authority (NDA) is seeking an actuarial and investment consultant and a legal adviser to provide services in relation to all the pension arrangements which comes under its remit.

  • News

    Merseyside tenders for transition manager panel

    2009-01-30T15:05:00Z

    [16:05 CET 30-01] UK – Merseyside Pension Fund has issued a tender to establish a framework list of transition managers who would aid the movement of assets between investment managers following strategy changes.

  • News

    CEM and VB to map out pension operating costs

    2009-01-23T15:30:00Z

    [16:30 CET 23-01] NETHERLANDS – The Canadian CEM Benchmarking, set up by Keith Ambachtsheer, has announced it will cooperate with the Dutch association of industry-wide pension funds (VB) on new comparative research into the operating costs of pension funds.

  • News

    SPK awards IT contracts for pension reform

    2009-01-20T14:15:00Z

    [15:15 CET 20-01] NORWAY – Statens Pensjonskasse (SPK), the Norwegian Public Service Pension Fund, has appointed Accenture and Steria to develop a new system for the pension fund portfolio as part of the pension reform project.

  • News

    PADA targets admin in first tender

    2009-01-15T14:45:00Z

    [15:45 CET 15-01] UK – The Personal Accounts Delivery Authority (PADA) has launched its procurement process for services, to establish the new system of personal accounts, with a search for a scheme administrator.

  • News

    Asda taps Cardano for 'new-style' mandate

    2009-01-14T16:05:00Z

    [17:05 CET 14-01] UK – The £1bn (€1.1bn) group pension scheme of UK supermarket retailer Asda, has appointed Cardano’s London office for a so called 'solvency management' mandate.

  • News

    POB to consult on quality rules for pension actuaries

    2009-01-14T15:40:00Z

    [16:40 CET 14-01] UK – The Professional Oversight Board (POB), an operating body of the Financial Reporting Council (FRC), is to consult on possible improvements to the professional quality assurance requirements for actuaries, following a review of the monitoring and scrutiny of actuarial work.

  • News

    Xafinity to take on Hackney admin

    2009-01-14T15:35:00Z

    [16:35 CET 14-01] UK – The London Borough of Hackney Council has appointed Xafinity Paymaster to manage its pension administration and pension payroll services.

  • Secs lending 'oils the machine' – Kas Bank
    News

    Secs lending 'oils the machine' – Kas Bank

    2009-01-12T13:30:00Z

    [14:30 CET 12-01] NETHERLANDS – Albert Röell, chairman of Dutch securities bank Kas Bank’ managing board, has warned securities lending is “the oil for the financial machine”.

  • Hymans replaces P-Solve at Kensington
    News

    Hymans replaces P-Solve at Kensington

    2009-01-09T12:16:00Z

    [15:45 CET 09-01] UK – Hymans Robertson has replaced P-Solve Asset Management as investment consultants for the London Borough of Kensington and Chelsea's pension fund.

  • Aon fined €5.8m by UK over bribery controls
    News

    Aon fined €5.8m by UK over bribery controls

    2009-01-08T14:57:00Z

    [16:30 CET 08] UK – Aon Corp., the parent of actuarial and pension consulting firm Aon Consulting, has been fined £5.2m (€5.8m) by the UK’s financial regulator for “failings in its anti-bribery and corruption systems and controls”.

  • ABP taps ex-NBIM chief Kjaer for advice
    News

    ABP taps ex-NBIM chief Kjaer for advice

    2009-01-08T13:43:00Z

    [14:55 CET 08-01] NETHERLANDS – Knut Kjaer, the former chief executive of Norges Bank Investment Management (NIBM), the asset manager of the Norwegian oil fund, has joined the investment committee of the giant Dutch civil service pension fund ABP.

  • Fujitsu taps SLI for UK equities
    News

    Fujitsu taps SLI for UK equities

    2009-01-07T14:38:00Z

    [16:00 CET 07-01] UK – The £1.9bn (€2.1bn) UK defined benefit (DB) pension fund of Japanese computer manufacturer Fujitsu has appointed asset manager Standard Life Investments for a £90m UK equity portfolio.

  • News

    Ballendux goes it alone

    2008-12-16T15:55:00Z

    [16:55 CET 16-12] NETHERLANDS – Frans Ballendux, the former business leader of Mercer Investment Consulting in the Netherlands, has said he will depart from Mercer to start his own investment consultancy business.

  • News

    'Go with the bond curve', say Dutch actuaries

    2008-12-12T16:15:00Z

    [17:15 CET 12-12] NETHERLANDS – The Dutch Actuarial Association has advised pension funds they can now invoke an exemption rule of Dutch pensions law which allows them to use the bond curve rather than the swap curve to calculate the value of their liabilities.

  • News

    ABP and VBL work together on border scheme

    2008-12-12T14:50:00Z

    [15:50 CET 12-12] GERMANY/ NETHERLANDS – ABP, the €193bn Dutch pension fund for civil servants, and VBL, the €13bn German public sector supplementary insurer, are working together to create a new scheme for a Dutch-German border hospital.

  • News

    Mercer to help drive Nissan’s pensions strategy

    2008-12-10T16:00:00Z

    [17:00 CET 10-12] GLOBAL - Mercer, the consultancy firm, has been appointed by car manufacturer Nissan Motors to be its global retirement consultant.