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	<title>Professional Pensions Investment News</title>
	<link>http://www.professionalpensions.com/</link>
	<description>Latest from Professional Pensions</description>
	<language>en-us</language>
	<webMaster>web@incisivemedia.com</webMaster>
	<lastBuildDate>Sat, 11 Oct 2008 18:22:13 +0100 GMT</lastBuildDate>
	<ttl>15</ttl>
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	<title>Government’s &amp;pound;500bn rescue plan good for pensions</title>
	<link>http://www.professionalpensions.com/819292</link> 
	<description>
THE government’s plan to shore up the battered UK banking sector with a &amp;pound;50bn emergency share capital package and a further &amp;pound;450bn of loans and guarantees to boost liquidity has been well-received by the pensions industry.</description>
	<pubDate>Wed,  8 Oct 2008 12:45:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/819292</guid> 
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	<title>Responsible investment bodies join forces</title>
	<link>http://www.professionalpensions.com/818667</link> 
	<description>
The Enhanced Analytics Initiative and Principles for Responsible Investment are to join forces to take the call for better investment research global.</description>
	<pubDate>Mon,  6 Oct 2008 12:27:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/818667</guid> 
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	<title>Consultants lay on staff to meet buyout demand - EXCLUSIVE</title>
	<link>http://www.professionalpensions.com/818158</link> 
	<description>
Demand for buyouts has prompted consultants to drastically increase their staff, an exclusive PP survey reveals.</description>
	<pubDate>Fri,  3 Oct 2008 10:31:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/818158</guid> 
	</item>
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	<title>Royal London Group operating profits rise 30%</title>
	<link>http://www.professionalpensions.com/817816</link> 
	<description>
Royal London Group has reported a 30pc rise in operating profits in the first six months of the year.</description>
	<pubDate>Wed,  1 Oct 2008 12:08:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/817816</guid> 
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	<title>Accounting quirk reveals &amp;pound;18bn surplus but hides long-term investment concern</title>
	<link>http://www.professionalpensions.com/817808</link> 
	<description>
Pension schemes of FTSE100 companies have an estimated &amp;pound;18bn surplus compared to a &amp;pound;2bn deficit 12 months ago, Pension Capital Strategies says.</description>
	<pubDate>Wed,  1 Oct 2008 11:44:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/817808</guid> 
	</item>
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	<title>Bain and Hellman &amp;amp; Friedman buy Lehman asset management businesses for &amp;pound;1.2bn</title>
	<link>http://www.professionalpensions.com/817490</link> 
	<description>
BAIN Capital Partners and Hellman &amp;amp;amp; Friedman have bought Neuberger Berman and some other asset management businesses of Lehman Brothers’ investment management division for $2.15bn (&amp;pound;1.19bn).</description>
	<pubDate>Tue, 30 Sep 2008 10:09:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/817490</guid> 
	</item>
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	<title>Aviva Investors global brand launched</title>
	<link>http://www.professionalpensions.com/817306</link> 
	<description>
Aviva has launched its global asset management business, Aviva Investors.</description>
	<pubDate>Mon, 29 Sep 2008 11:34:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/817306</guid> 
	</item>
	<item>
	<title>Balanced funds see growth of 4.1% in August</title>
	<link>http://www.professionalpensions.com/817307</link> 
	<description>
BALANCED pooled funds achieved a median return of 4.1pc in August 2008, latest figures from BNY Mellon Asset Servicing reveal.</description>
	<pubDate>Mon, 29 Sep 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/817307</guid> 
	</item>
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	<title>RMB launches diversified target fund targeting DB and DC schemes</title>
	<link>http://www.professionalpensions.com/817022</link> 
	<description>
RMB Asset Management has launched a diversified target fund in a bid to help schemes manage funding volatility.</description>
	<pubDate>Fri, 26 Sep 2008 09:37:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/817022</guid> 
	</item>
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	<title>iShares launches campaign to clarify confusion over ETFs</title>
	<link>http://www.professionalpensions.com/816889</link> 
	<description>
iShares has launched a campaign to clarify market confusion over exchange traded funds.</description>
	<pubDate>Thu, 25 Sep 2008 11:32:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/816889</guid> 
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	<title>Trustees expect scheme buyout in next 10 years - EXCLUSIVE</title>
	<link>http://www.professionalpensions.com/816862</link> 
	<description>
More than a third of trustees expect their scheme will be bought out within the next 10 years, an exclusive Hymans Robertson poll reveals.</description>
	<pubDate>Thu, 25 Sep 2008 10:43:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/816862</guid> 
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	<title>Lothian to pursue Lehman class action</title>
	<link>http://www.professionalpensions.com/816186</link> 
	<description>
The &amp;pound;3bn Lothian Pension Fund has confirmed it will continue with a class action case officers and directors of Lehman Brothers.</description>
	<pubDate>Mon, 22 Sep 2008 13:22:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/816186</guid> 
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	<title>EFAMA reassures schemes over ETF investments</title>
	<link>http://www.professionalpensions.com/816184</link> 
	<description>
SCHEMES have been reassured that despite current market volatility Exchange Traded Funds are protected due to their legal structure.</description>
	<pubDate>Mon, 22 Sep 2008 13:11:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/816184</guid> 
	</item>
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	<title>Environment Agency invests &amp;pound;24m in clean technology fund</title>
	<link>http://www.professionalpensions.com/815909</link> 
	<description>
The &amp;pound;1.5bn Environment Agency Pension Fund has invested &amp;pound;24m in Robeco’s clean technology private equity fund.</description>
	<pubDate>Fri, 19 Sep 2008 12:26:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/815909</guid> 
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	<title>Putnam closes prime money market fund</title>
	<link>http://www.professionalpensions.com/815903</link> 
	<description>
Putnam Investments has closed its $12bn (&amp;pound;6.6bn) prime money market fund as a consequence of &amp;quot;marketwide liquidity issues&amp;quot;.</description>
	<pubDate>Fri, 19 Sep 2008 12:18:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/815903</guid> 
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	<title>Lehman collapse causes scheme swaps upheaval – EXCLUSIVE</title>
	<link>http://www.professionalpensions.com/815710</link> 
	<description>
Schemes with liability-driven investment strategies constructed using Lehman Brothers swaps and derivatives will face significant upheaval, industry experts say.</description>
	<pubDate>Thu, 18 Sep 2008 11:15:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/815710</guid> 
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	<title>Equity market turbulence costs schemes &amp;pound;13bn</title>
	<link>http://www.professionalpensions.com/815175</link> 
	<description>
Equity market falls of 4pc on Monday increased total UK pension deficits by &amp;pound;13bn, PricewaterhouseCoopers estimates.</description>
	<pubDate>Tue, 16 Sep 2008 11:33:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/815175</guid> 
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	<title>Lehman to sell majority stake in investment management division</title>
	<link>http://www.professionalpensions.com/814435</link> 
	<description>
LEHMAN BROTHERS is set to sell a majority stake of part of its investment management division.</description>
	<pubDate>Thu, 11 Sep 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/814435</guid> 
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	<title>Firms tailor scheme discount rates as uncertainty over index yields grows</title>
	<link>http://www.professionalpensions.com/814188</link> 
	<description>
A &amp;quot;significant&amp;quot; divergence has opened up between the interest rates used to discount scheme liabilities and double A corporate bond indices, Mercer warns.</description>
	<pubDate>Wed, 10 Sep 2008 11:19:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/814188</guid> 
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	<title>PPF appoints three transition managers</title>
	<link>http://www.professionalpensions.com/813873</link> 
	<description>
The Pension Protection Fund has appointed Lehman Brothers International, BlackRock Investment Management and Goldman Sachs International to provide it with transition management services.</description>
	<pubDate>Tue,  9 Sep 2008 13:20:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/813873</guid> 
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	<title>Increase in special contributions</title>
	<link>http://www.professionalpensions.com/813706</link> 
	<description>
SPECIAL contributions to pension schemes have risen for the third year in a row as companies continue to address pension risk, a joint survey by Mercer and the Association of Corporate Treasurers reveals.</description>
	<pubDate>Mon,  8 Sep 2008 13:04:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/813706</guid> 
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	<title>Lehman to launch alternative asset allocation fund - EXCLUSIVE</title>
	<link>http://www.professionalpensions.com/813342</link> 
	<description>
Lehman Brothers Asset Management is set to launch an alternative asset allocation fund in a bid to help smaller schemes access the investment class.</description>
	<pubDate>Fri,  5 Sep 2008 10:35:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/813342</guid> 
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	<title>Resolution and Axial rebrand as Ingnis</title>
	<link>http://www.professionalpensions.com/813409</link> 
	<description>
The &amp;pound;75bn business comprising of Resolution asset management and Axial Investment Management is to rebrand as Ignis Asset Management.</description>
	<pubDate>Fri,  5 Sep 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/813409</guid> 
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	<title>Hermes performance a “concern” for Calpers</title>
	<link>http://www.professionalpensions.com/812368</link> 
	<description>
FUND manager Hermes has come under fire from one of its biggest clients, the California Public Employee’s Retirement System.</description>
	<pubDate>Mon,  1 Sep 2008 12:41:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/812368</guid> 
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	<title>Plans to re-think PPF risk-based levy could hit member rights</title>
	<link>http://www.professionalpensions.com/811794</link> 
	<description>
Member rights could be affected if plans to re-think the risk-based levy result in underfunded pension schemes offloading growth assets, the Occupational Pensions Trusts warns.</description>
	<pubDate>Wed, 27 Aug 2008 12:55:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/811794</guid> 
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	<title>Balanced funds post 2.3% fall in July</title>
	<link>http://www.professionalpensions.com/811471</link> 
	<description>
Balanced pooled funds achieved a median return of -2.3pc in July 2008, latest CAPS figures from BNY Mellon Asset Servicing reveal.</description>
	<pubDate>Tue, 26 Aug 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/811471</guid> 
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	<title>Scheme switch to equities a “bad investment decision”</title>
	<link>http://www.professionalpensions.com/811303</link> 
	<description>
Pension schemes should not switch from equities into bonds in an attempt to reduce risk, former Downing Street pensions advisor Ros Altmann says.</description>
	<pubDate>Fri, 22 Aug 2008 12:33:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/811303</guid> 
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	<title>Bond index change increases scheme liabilities by &amp;pound;9bn</title>
	<link>http://www.professionalpensions.com/811117</link> 
	<description>
CHANGES to bond indices this week have increased FTSE100 scheme liabilities by &amp;pound;9bn on an IAS accounting basis, Redington Partners says.</description>
	<pubDate>Thu, 21 Aug 2008 12:31:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/811117</guid> 
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	<title>Professionals could boost group SIPP saving with premises</title>
	<link>http://www.professionalpensions.com/810078</link> 
	<description>
PROFESSIONAL practitioners could boost their self-invested pension funds through the purchase of their own premises, a provider claims. </description>
	<pubDate>Thu, 14 Aug 2008 12:39:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/810078</guid> 
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	<title>Pension Protection Fund boosts SRI approach</title>
	<link>http://www.professionalpensions.com/809732</link> 
	<description>
THE Pension Protection Fund has boosted its approach to responsible investment. </description>
	<pubDate>Wed, 13 Aug 2008 11:45:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/809732</guid> 
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