Andrew Sheen investigates whether sovereign wealth funds deserve the reputation they have as hostile competition to other institutional investors

ALLOWING limited early access to pension pots could boost aggregate retirement savings by up to £400bn, a Pensions Policy Institute research report finds.

More than 500,000 pensioners could be missing out on over £800 because of inaccurate benefit rule assumptions, the Liberal Democrats claims

CAPITA HARTSHEAD has appointed Helena Goy as a business development manager in a bid to expand its business.

DEFINED benefit schemes should cut member benefits by 10% to prevent the corporate sector going bankrupt, a think tank claims.

FRANCE - The Fonds de Réserve pour les Retraite (FRR), France's pension reserve fund, has awarded a €1bn (US$1.3bn) European equity mandate to Barclays Global Investors (BGI).

US- Assets under management at Bank of New York Mellon fell by 17% to US$928bn in 2008, its latest earnings report reveals.

UK - Allowing limited early access to pension pots could boost aggregate retirement savings by up to £400bn, a Pensions Policy Institute (PPI) research report finds.

NETHERLANDS - The Dutch pensions regulator, De Nederlandsche Bank (DNB), will not extend the recovery period for pension plans with a coverage ratio of below 105%, Global Pensions has learned.

US- Monika Machon has been named chief investment officer at American International Group as the insurer moves to restructure its investment team and prepares for the sale of its external client management business.