US - Indiana Public Employees' Retirement Fund (PERF) has boosted its local business investment credentials by reporting a $78m investment in the Indiana Investment Fund (IIF) since June 2006.
TOTAL FRS17 deficits for the 200 largest pension schemes have fallen to just £14bn, Aon Consulting reveals.
GLOBAL -The Principles for Responsible Investment (PRI) initiative had 180 institutional signatories globally, representing more than US$8trn in assets under management (AuM), in its first year.
UK - The Local Authority Pension Fund Forum (LAPFF) has urged members to vote against Royal Dutch Shell's remuneration report amid health and safety concerns.
CREDIT SUISSE and BlackRock have both launched liability-driven investment funds aimed to improve scheme funding and protect against future liabilities.
Pensions surplus poses problems; Alliance Boots' trustees in strong position with KKR; Royal London in bid talks with Royal Liver; Airwave workers set for deal on pensions; Pension raids
TYPICAL earners will retire on an income equivalent to little more than the minimum wage, latest research by Fidelity International reveals.
SBJ GROUP has bought the pension trustee training business of Comberford Trustee Services for an undisclosed sum.
UK - London Borough of Lambeth treasury manager Harry Musisi has described the removal of Advanced Corporation Tax (ACT) as only one of the causes for pension deficits.
THE PENSIONS Regulator must use its powers to make an example of trustees who fail to pay proper attention to a sponsor's covenant, an adviser says.