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US
US - Tax payer contributions to New York State public pensions will "explode" in the next five years, forcing the state to divert resources from other services to meet the obligation, a new study has warned.
08 December 2010
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Netherlands
NETHERLANDS/ASIA - Dutch life insurance and pension company Aegon is to reorganise its loss-making operations in Asia to benefit more from high growth prospects in the region.
08 December 2010
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US
US - BlackRock is set to lose assets it oversees for the $42.9bn Massachusetts state pension fund over fears the firm is not adequately focused on some fixed-income markets.
08 December 2010
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US
US - Public pension plans would have to make their funding status publicly available under proposals introduced by Republicans set to take control of the US House.
03 December 2010
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US
US - California State Teachers' Retirement System (CalSTRS) has lowered its long term assumptions on the rate of investment returns from 8% to 7.75% and its inflation assumptions by 0.25%
03 December 2010
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US
US General Motors has made a $4bn cash contribution to its US hourly and salaried pension plans.
02 December 2010
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Lithuania
LITHUANIA - Lithuanian Prime Minister Andrius Kubilius said an opposition plan to raise retirement benefits risks undermining the country's currency.
02 December 2010
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US
US - The California Public Employees' Retirement System (CalPERS) has dropped LaSalle Investment Management as manager of a $1.96bn industrial real estate portfolio in favour of GI Partners and RREEF.
02 December 2010
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US
US - The Pension Benefit Guaranty Corporation (PBGC) has been "aggressive" in its efforts to preserve pension plans sponsored by troubled companies, director Josh Gotbaum said.
01 December 2010
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US
US - AXA Investment Managers has appointed Jeremy Baskin as chief executive officer of AXA Rosenberg, completing the firm's restructure in the wake of the coding error scandal.
01 December 2010
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