In December, the pension reserve fund implemented a liability driven investment strategy after receiving a clear picture of its liabilities from the French government. It detailed its investment plan in March. (Global Pensions; 10 March 2011)
FRR said as of 31 March, total assets equalled €37.4bn ($54bn), while liabilities totalled €26.1bn.
Nearly 60% of the FRR's portfolio is invested in the so-called coverage portfolio meant to match liabilities, and just over 40% in the performance portfolio meant to bring in additional returns through 2024. The return on the performance portfolio from 13 December through end of March was 2.6%
Charlotte Moore looks at whether robo-advice could have a role in boosting engagement with retirement planning.
Three out of five pension experts will vote to remain in Europe as the 23 June referendum looms, according to research by Mallowstreet.
Major jobs cuts are anticipated at pension services firm Diligenta which provides services to some of the biggest pension insurers.
Professional Pensions speaks to three chief investment officers from some of the UK’s leading asset managers about Brexit, the investment challenges facing schemes and asset allocation. This is what they said…