INCLUDING: UK- Myners to speak at NAPF conference; UK - S&P launches new indices; UK - Aberdeen acquires Glasgow Investment Managers
US - The California Public Employees' Retirement System (CalPERS) has supported a bid to remove three directors from the board of a tax services company.
UK - An investment shake up by the Welsh Rhondda Cynon Taf local government pension scheme has reduced mandates controlled by F&C Management and Baillie Gifford Asset Management, as part of an overall diversification of the scheme's portfolio.
ERNST & YOUNG has appointed two partners to lead its new actuarial pensions practice, Professional Pensions can reveal.
US - Pension plans experienced positive results for the second quarter of 2007, but gains have been depleted by stormy market conditions in August, said a survey by Mercer Investment Consulting.
AUSTRALIA - The liability represented by defined benefit (DB) superannuation funds in the balance sheets of Australian listed companies has been quantified for the first time at Aus$40bn, according to new research from Watson Wyatt Worldwide.
Tube strikes warning; Turmoil in markets to hit City bonuses; Merger moves lift Wall Street spirits; KKR postpones $1.25bn float as credit chaos deters buyers
SCANDINAVIA - Scandinavian equities helped three major funds to yield positive returns in the first half of 2007, according to the latest new results released.
FURTHER falls in retirement saving is "inevitable", Prudential's retirement income panel warns.
ONE in five retired homeowners have an outstanding mortgage, with an average debt of £38,000, research from Scottish Widows shows.