EUROPE - ING Investment Management is to buy Swiss multi-manager Altis Investment Management in a move boost its European fiduciary business.

NAPF urges government to issue more long-term gilts; Pension deficits may be 'poison pill' in corporate debt restructuring

PERSONAL accounts must not have any advantage over good existing pension provision if we are to avoid the threat of leveling down, B&CE Benefit Schemes says.

NORWAY - Norway's global pension fund, the largest equity investor in Europe, has no plans to buy commodities, according to its operator Norges Bank Investment Management (NBIM).

US - CalPERS is back in the market for stakes in private-equity funds after selling US$2bn of partnerships earlier this year.

AUSTRALIA - Superannuation fund balances have been bruised by the financial crisis, but are predicted by the government to double in value over the next decade.

UK - Personal accounts must not have any advantage over good existing pension provision to avoid the threat of leveling down, B&CE Benefit Schemes warns.

THE University Superannuation Scheme has not reshaped its portfolio of "risky" assets following market turmoil, its chief investment officer says.

PROVIDING high-quality public sector pensions is the right and proper thing to do, pensions reform minister Rosie Winterton told delegates.

PPF to include investment strategy in levy calculations; Truell aiming for pension buy-outs; ABI pushes for early adoption of auto-enrolment