Latest – Page 239
-
News
Longevity market could double in 2010
[16:40 CET 03-11] UK - Longevity deals by pension funds could double in 2010 as the market is starting to see a convergence on price following the first few deals.
-
News
UK pension funds step up inflation hedge
[16:20 CET 03-11] UK – Pension funds hedged approximately £11.4bn (€12.68bn) in inflation liabilities in the third quarter of this year – a move which suggests attention is now turning inflation rather than interest rate risk, according to data presented by F&C’s latest liability-driven investments survey.
-
News
LPFA calls for commission to assess LGPS sustainability
[17:00 CEST 30-10] UK – The UK government should establish an independent commission to examine potential solutions to keep the Local Government Pension Scheme (LGPS) sustainable, according to the London Pension Fund Authority (LPFA).
-
News
Robeco performance sparks Rabo pension review
[16:45 CEST 30-10] NETHERLANDS - The €11.4bn Rabobank pension fund has decided to divide its equity portfolio across several managers, following disappointing performance from Robeco.
-
NewsAP6 signals shift in investment strategy
[16:30 CEST 29-10] SWEDEN - Sjätte AP-fonden (AP6), the Sixth Swedish National Pension Fund, has signalled a change of strategy going forward away from investment in "young growth companies".
-
NewsDC schemes prevail among German execs
[13:00 CEST 29-10] GERMANY – Occupational pension plans are a fixed part of the remuneration for executives at German large companies, but evidence from consulting firm Mercer suggests most executives are now members of defined contribution (DC) schemes.
-
NewsUK roundup: Havering, East Sussex, Lincolnshire
[16:30 CEST 28-10] UK – The London Borough of Havering has issued a tender for a multi-asset absolute return bond manager to run around 5% of the fund, alongside a search for a passive equities manager. East Sussex Council is seeking a provider of a corporate governance overlay service for ...
-
NewsGermany sees its first full pensionsfonds transfer
[16:30 CEST 28-10] GERMANY – The German industrial services provider MAN Ferrostaal is transferring its pensionsfonds into the Allianz Pensionsfonds AG.
-
NewsFRR assets rise under revised allocation strategy
[16:20 CEST 27-10] FRANCE – Fonds de Reserve pour les Retraites (FRR), the French national pension reserve fund, is making comfortable investment gains under its new asset allocation strategy and now risen by almost 13% since the start of this year.
-
News
Global pensions rebound after 2008 losses
[16:00 CET 26-10] GLOBAL - Last year’s financial downturn caused losses of over $5trn (€3.5trn) to pension funds worldwide, new figures from the Organisation for Economic Co-operation and Development (OECD) show today.
-
News
DC plans need better design – actuaries
[15:45 CET 26-10] EUROPE – Defined contribution plans need risk mitigating features in order to banish their image as a “poor cousin” of defined benefit plans, attendees at the conference of the Groupe Consultatif, the European umbrella organisation of national actuarial associations, were told last week.
-
News
IBOA's legal threat over Ulster pay and pensions
[16:30 CEST 23-10] IRELAND – The Irish Bank Officials Association (IBOA) is preparing to take legal action against Ulster Bank, a subsidiary of the Royal Bank of Scotland (RBS), and has raised concerns with the Pensions Board following a breakdown of talks on pay and pensions.
-
News
Nottinghamshire approves pension merger
[16:15 CEST 23-10] UK – Nottinghamshire County Council has approved the merger of its two local government pension funds (LGPS) following an additional report into the impact on contribution rates.
-
News
Longevity growing faster than UK pensions age target
[16:40 CEST 22-10] UK - Life expectancy may be growing at a faster rate in the UK than the government had anticipated, suggest figures from the Office of National Statistics, and may prompt the need for yet another review of the retirement age, consulting firm Watson Wyatt has suggested.
-
News
Lewisham targets commodities in revised strategy
[15:45 CEST 21-10] UK – The London Borough of Lewisham is seeking a commodities manager as part of the implementation of its revised asset allocation of the £642.2bn (€712.5bn) pension fund.
-
News
UNJSPF grows by €2.7bn in Q3
[16:30 CEST 20-10] GLOBAL – The United Nations Joint Staff Pension Fund (UNJSPF) has reported further growth in the third quarter of 2009 as invesments delivered a return of 12.3%.
-
News
Pension experts tout need for longer-term benchmarks
[17:00 CEST 19-10] GLOBAL – A joint meeting of the OECD and IOPS Global Forum on Private Pensions has been warned a “meaningful” long-term performance measure for pension funds must be found which assess pension funds’ ability to meet income replacement.
-
News
Q4 predicted to be busy for buyouts
[16:00 CEST 19-10] UK - The final three months of 2009 are expected to be the busiest in over a year for pension insurance buy-ins and buy-outs, according to risk management provider Pension Corporation.
-
News
USS attacks PPF levy focus on investment strategy
[14:30 CEST 19-10] UK – The chief executive of the Universities Superannuation Scheme (USS) has labelled the Pension Protection Fund’s (PPF) proposal to consider the investment strategy of schemes when calculating the levy as “inappropriate”.
-
News
Babcock eyes interest rate hedge after governance work
[14:00 CEST 19-10] UK - Babcock international is thinking of hedging interest rates as part of the investment strategy for its five UK pension schemes, following the establishment of a cross-party trustee committee.
