Professional Pensions www.professionalpensions.com Monday Movers <p><!--summary start--> Norges Bank, New York City, HSBC, Lockheed Martin, RAM, SPAA <!--summary end--></p> https://www.professionalpensions.com/news/2040061/monday-movers https://www.professionalpensions.com/news/2040061/monday-movers Mon, 4 Apr 2011 13:39:00 +0000 India proposal to regulate pensions omits foreign investment <p><!--summary start--> INDIA - India's government has presented proposals in parliament that seek to give statutory power to the country's pension regulator, while omitting any mention of allowing foreign investment in the provision of old-age income. <!--summary end--></p> https://www.professionalpensions.com/news/2037090/india-proposal-regulate-pensions-omits-foreign-investment https://www.professionalpensions.com/news/2037090/india-proposal-regulate-pensions-omits-foreign-investment Thu, 24 Mar 2011 12:09:00 +0000 Week on the Web 11 March - 17 March 2011: What stories have you missed out on this week? <p><!--summary start--> GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days. <!--summary end--></p> https://www.professionalpensions.com/news/2035369/web-march-march-2011-stories-missed https://www.professionalpensions.com/news/2035369/web-march-march-2011-stories-missed Fri, 18 Mar 2011 12:35:51 +0000 GSAM boosts Indian footprint with ETF acquisition <p><!--summary start--> INDIA - Goldman Sachs Asset Management has acquired India's largest ETF provider Benchmark Asset Management and announced plans to bring actively managed funds onshore. <!--summary end--></p> https://www.professionalpensions.com/news/2034581/gsam-boosts-indian-footprint-etf-acquisition https://www.professionalpensions.com/news/2034581/gsam-boosts-indian-footprint-etf-acquisition Wed, 16 Mar 2011 14:27:00 +0000 AGI plans further Asia expansion <p><!--summary start--> ASIA - Allianz Global Investors has signaled further expansion into Asia's pension market as a key medium-term objective. <!--summary end--></p> https://www.professionalpensions.com/news/2029720/agi-plans-asia-expansion https://www.professionalpensions.com/news/2029720/agi-plans-asia-expansion Tue, 1 Mar 2011 13:42:00 +0000 Indian fund turns to micro-finance for first deposits <p><!--summary start--> INDIA - A new scheme catering for workers in India's unorganised sector is looking for micro-finance loan providers to help members make their first contributions. <!--summary end--></p> https://www.professionalpensions.com/news/1740838/indian-fund https://www.professionalpensions.com/news/1740838/indian-fund Wed, 6 Oct 2010 14:42:00 +0000 Canada, Europe pension funds may fund Indian roads, Nath says <p><!--summary start--> INDIA - Canadian, European pension funds may invest in road projects in India attracted by the higher yields than the U.S. after the nation lifted the cap on foreign investment in bonds to lure capital for infrastructure projects. <!--summary end--></p> https://www.professionalpensions.com/news/1740702/canada-europe-pension-funds-fund-indian-roads-nath https://www.professionalpensions.com/news/1740702/canada-europe-pension-funds-fund-indian-roads-nath Wed, 6 Oct 2010 10:58:27 +0000 CPPIB invests US$100m in India fund <p><!--summary start--> INDIA/CANADA - The Canada Pension Plan Investment Board (CPPIB) has made its first investment in an India-focused private equity fund. <!--summary end--></p> https://www.professionalpensions.com/news/1601751/cppib-invests-ususd100m-india-fund https://www.professionalpensions.com/news/1601751/cppib-invests-ususd100m-india-fund Mon, 19 Apr 2010 14:54:19 +0000 Religare will invest US$1bn in asset management firms <p><!--summary start--> INDIA/US - Indian investment bank Religare Enterprises has announced a US$1bn commitment to make "strategic investments" in asset management businesses worldwide and has started by acquiring a stake in a US private equity firm. <!--summary end--></p> https://www.professionalpensions.com/news/1593189/religare-invest-ususd1bn-asset-management-firms https://www.professionalpensions.com/news/1593189/religare-invest-ususd1bn-asset-management-firms Tue, 23 Feb 2010 14:55:08 +0000 India's new pension scheme <p><!--summary start--> Joseph Mariathasan explains how following a series of delays, India is set to launch its National Pension Scheme <!--summary end--></p> https://www.professionalpensions.com/feature/1565130/india-pension-scheme https://www.professionalpensions.com/feature/1565130/india-pension-scheme Mon, 7 Dec 2009 16:34:54 +0000 IASB drops plan to alter discount rate calculation <p><!--summary start--> GLOBAL - The International Accounting Standards Board (IASB) today voted to not move forward with plans to eliminate the use of government bonds to determine discount rates. <!--summary end--></p> https://www.professionalpensions.com/news/1006511/iasb-drops-plan-alter-discount-rate-calculation https://www.professionalpensions.com/news/1006511/iasb-drops-plan-alter-discount-rate-calculation Thu, 22 Oct 2009 14:32:00 +0000 Not just another BRIC in the wall <p><!--summary start--> India is poised for significant growth following the recent general election, as Lynn Strongin Dodds reports <!--summary end--></p> https://www.professionalpensions.com/feature/1063197/-bric-wall https://www.professionalpensions.com/feature/1063197/-bric-wall Thu, 1 Oct 2009 17:21:00 +0000 Indian pension regulator to manage company pensions <p><!--summary start--> INDIA - The board of the Pension Regulatory Fund Development Authority (PFRDA) yesterday approved a proposal to manage companies' pension pots, said executive director Rani Nair. <!--summary end--></p> https://www.professionalpensions.com/news/1003121/indian-pension-regulator-manage-company-pensions https://www.professionalpensions.com/news/1003121/indian-pension-regulator-manage-company-pensions Thu, 24 Sep 2009 11:18:00 +0000 India's pension market to soar <p><!--summary start--> INDIA - India's pension market is poised to grow 39% year over year to 2013, according the Indian Pension Fund Market Forecast 2013. <!--summary end--></p> https://www.professionalpensions.com/news/1461598/india-pension-market-soar https://www.professionalpensions.com/news/1461598/india-pension-market-soar Tue, 14 Apr 2009 01:00:00 +0000 NPS launch rescheduled for May <p><!--summary start--> INDIA - The launch of the Indian national New Pension Scheme (NPS) has been set for May 1 following concerns about the ability to inform prospective members in time. <!--summary end--></p> https://www.professionalpensions.com/news/1468682/nps-launch-rescheduled https://www.professionalpensions.com/news/1468682/nps-launch-rescheduled Mon, 30 Mar 2009 01:00:00 +0000 India delays roll out of NPS to public <p><!--summary start--> India - The public launch of the New Pension Scheme has been delayed because of impending elections. <!--summary end--></p> https://www.professionalpensions.com/news/1457970/india-delays-roll-nps-public https://www.professionalpensions.com/news/1457970/india-delays-roll-nps-public Fri, 20 Mar 2009 00:00:00 +0000 Franklin Templeton announces restructure <p><!--summary start--> INDIA- Franklin Templeton Investments has restructured its management team in its Central and Eastern Europe, Middle East and Africa (CEEMEA) and India divisions. <!--summary end--></p> https://www.professionalpensions.com/news/1452863/franklin-templeton-announces-restructure https://www.professionalpensions.com/news/1452863/franklin-templeton-announces-restructure Mon, 2 Mar 2009 00:00:00 +0000 Indian NPS reveals investment policy <p><!--summary start--> INDIA - India's New Pension System (NPS), to be opened to the public on 1 April 2009, has set out its proposed investment policy and member options for the first time. <!--summary end--></p> https://www.professionalpensions.com/news/1447785/indian-nps-reveals-investment-policy https://www.professionalpensions.com/news/1447785/indian-nps-reveals-investment-policy Wed, 18 Feb 2009 00:00:00 +0000 RBI employees to strike over reduced pensions <p><!--summary start--> INDIA - Employees of the Reserve Bank of India (RBI) are to stage a mass casual leave at the beginning of December, calling for restoration of pension arrangements for retired employees. <!--summary end--></p> https://www.professionalpensions.com/news/1461716/rbi-employees-strike-reduced-pensions https://www.professionalpensions.com/news/1461716/rbi-employees-strike-reduced-pensions Wed, 19 Nov 2008 00:00:00 +0000 India's central bank workers plan strike <p><!--summary start--> INDIA - As many as 25,000 employees of India's central bank plan to strike for a day on 21 October for a higher pension, the United Forum of Reserve Bank Officers and Employees' Association said. <!--summary end--></p> https://www.professionalpensions.com/news/1457989/india-central-bank-workers-plan-strike https://www.professionalpensions.com/news/1457989/india-central-bank-workers-plan-strike Fri, 17 Oct 2008 01:00:00 +0000 Building a pensions powerhouse <p><!--summary start--> Hui-chen Chou looks at the impact India's New Pension System, which may soon announce it will open the door to foreign managers, will have on the country's economy and retirement landscape <!--summary end--></p> https://www.professionalpensions.com/analysis/1022327/building-pensions-powerhouse https://www.professionalpensions.com/analysis/1022327/building-pensions-powerhouse Wed, 15 Oct 2008 01:00:00 +0000 Survey shows inadequacy of Indian pensions <p><!--summary start--> INDIA - Most Indian companies do not offer adequate corporate retirement programmes for their workforce, a study by Mercer has revealed. <!--summary end--></p> https://www.professionalpensions.com/news/1452082/survey-inadequacy-indian-pensions https://www.professionalpensions.com/news/1452082/survey-inadequacy-indian-pensions Fri, 19 Sep 2008 01:00:00 +0000 Indian summer for investments <p><!--summary start--> INDIA - Pension funds from around the world are now eyeing up investments in India due to fading interest in Europe and the US, according to industry experts. <!--summary end--></p> https://www.professionalpensions.com/news/1467646/indian-summer-investments https://www.professionalpensions.com/news/1467646/indian-summer-investments Tue, 9 Sep 2008 01:00:00 +0000 Top pension funds invest in India <p><!--summary start--> INDIA - More than 15 of the world's top 20 global pension funds are making investments in India, according to Watson Wyatt. <!--summary end--></p> https://www.professionalpensions.com/news/1452970/-pension-funds-invest-india https://www.professionalpensions.com/news/1452970/-pension-funds-invest-india Mon, 1 Sep 2008 01:00:00 +0000 India NPS restricts investment options <p><!--summary start--> INDIA - India's New Pension Scheme (NPS) will initially allow members just two investment options - government securities alone or a 15/85% split between equities and fixed income. <!--summary end--></p> https://www.professionalpensions.com/news/1468626/india-nps-restricts-investment-options https://www.professionalpensions.com/news/1468626/india-nps-restricts-investment-options Thu, 21 Feb 2008 00:00:00 +0000 Mercer opens India office <p><!--summary start--> INDIA - Mercer has opened an office in India to research local asset and portfolio management service firms dealing with listed equities. <!--summary end--></p> https://www.professionalpensions.com/news/1466895/mercer-india-office https://www.professionalpensions.com/news/1466895/mercer-india-office Wed, 13 Feb 2008 00:00:00 +0000 Grant to develop India's pensions <p><!--summary start--> INDIA - The Japan Special Fund is to provide a US$1m grant to help India's transition to a new pension system. <!--summary end--></p> https://www.professionalpensions.com/news/1460083/grant-develop-india-pensions https://www.professionalpensions.com/news/1460083/grant-develop-india-pensions Thu, 31 Jan 2008 00:00:00 +0000 India scraps civil service pension rules <p><!--summary start--> INDIA - The State Government of Kerala has repealed a 2002 order which made civil service and public sector workers sign up to contributory pension schemes when entering employment, according to a report in the New India Press. <!--summary end--></p> https://www.professionalpensions.com/news/1462175/india-scraps-civil-service-pension-rules https://www.professionalpensions.com/news/1462175/india-scraps-civil-service-pension-rules Thu, 3 Jan 2008 00:00:00 +0000 India announces pension reforms <p><!--summary start--> INDIA - The Pension Fund Regulatory and Development Authority (PFRDA) has announced sweeping changes to the government New Pension Scheme (NPS). <!--summary end--></p> https://www.professionalpensions.com/news/1466656/india-announces-pension-reforms https://www.professionalpensions.com/news/1466656/india-announces-pension-reforms Fri, 30 Nov 2007 00:00:00 +0000 Indian infrastructure index launched <p><!--summary start--> INDIA - FTSE Group and Indian infrastructure specialist, Infrastructure Development Finance Company Ltd (IDFC), have launched the first ever Indian infrastructure index, with investable products expected to be launched in August. <!--summary end--></p> https://www.professionalpensions.com/news/1458028/indian-infrastructure-index-launched https://www.professionalpensions.com/news/1458028/indian-infrastructure-index-launched Tue, 24 Jul 2007 01:00:00 +0000 New managers for India <p><!--summary start--> INDIA - The State Bank of India (SBI), UTI Asset Management and the Life Insurance Corporation (LIC) have been appointed to manage part of the R17bn (US$400m) government pension fund. <!--summary end--></p> https://www.professionalpensions.com/news/1452168/-managers-india https://www.professionalpensions.com/news/1452168/-managers-india Mon, 23 Jul 2007 01:00:00 +0000 MSCI Barra explores India <p><!--summary start--> INDIA - MSCI Barra has opened a sales office in Mumbai to harness the growing domestic market interest. <!--summary end--></p> https://www.professionalpensions.com/news/1460153/msci-barra-explores-india https://www.professionalpensions.com/news/1460153/msci-barra-explores-india Thu, 5 Jul 2007 01:00:00 +0000 Indian runners line up <p><!--summary start--> INDIA - A total of seven state bodies have made preliminary bids to manage part of India's R17bn (US$400m) government pension fund. <!--summary end--></p> https://www.professionalpensions.com/news/1453679/indian-runners-line https://www.professionalpensions.com/news/1453679/indian-runners-line Tue, 29 May 2007 01:00:00 +0000 PFRDA seeks fund managers <p><!--summary start--> INDIA - The Pension Fund Regulatory and Development Authority (PFRDA) has sought applications from fund managers for its New Pension System (NPS). <!--summary end--></p> https://www.professionalpensions.com/news/1465392/pfrda-seeks-fund-managers https://www.professionalpensions.com/news/1465392/pfrda-seeks-fund-managers Wed, 23 May 2007 01:00:00 +0000 India pensions for all <p><!--summary start--> INDIA - Foreign fund managers may be able to get a bite of the massive Indian pensions cherry if new legislation is passed by the government, it has been reported. <!--summary end--></p> https://www.professionalpensions.com/news/1461046/india-pensions https://www.professionalpensions.com/news/1461046/india-pensions Mon, 14 May 2007 01:00:00 +0000 Indian assets up 7% <p><!--summary start--> INDIA - The Employee's Provident Fund Organisation (EPFO) announced a 7% increase in assets in the nine months to the end of 2006, totalling R967.7bn (US$23.4bn). <!--summary end--></p> https://www.professionalpensions.com/news/1466327/indian-assets https://www.professionalpensions.com/news/1466327/indian-assets Wed, 2 May 2007 01:00:00 +0000 Pension liberalisation required <p><!--summary start--> INDIA - Calls have been made for greater liberalisation of the country's pensions industry. <!--summary end--></p> https://www.professionalpensions.com/news/1449279/pension-liberalisation-required https://www.professionalpensions.com/news/1449279/pension-liberalisation-required Tue, 17 Apr 2007 01:00:00 +0000 India confirms manager appointments <p><!--summary start--> INDIA - The Union cabinet has confimed it will ask the Pension Fund Regulatory & Development Authority (PFRDA) to appoint fund managers to control the R15bn (US$340m) collected under the new pension scheme (NPS). <!--summary end--></p> https://www.professionalpensions.com/news/1456125/india-confirms-manager-appointments https://www.professionalpensions.com/news/1456125/india-confirms-manager-appointments Wed, 11 Apr 2007 01:00:00 +0000 Robeco launches in India <p><!--summary start--> India - Robeco and Canara Bank of India have teamed up to launch an asset management venture in India, called Canara Robeco Asset Management. <!--summary end--></p> https://www.professionalpensions.com/news/1460810/robeco-launches-india https://www.professionalpensions.com/news/1460810/robeco-launches-india Mon, 19 Mar 2007 00:00:00 +0000