Norfolk County Council is looking to appoint an administrator to run an online system for its £1.9bn pension scheme.
US - Employers facing swelling pension plan demand must assume more active influence in the International Accounting Standards Board accounting rule-change process, according to a Watson Wyatt consultant.
GLOBAL - Samena Capital, a new asset manager, has launched, promising to "revive the value proposition of the old silk route".
Lehman Brothers staff face fight for pensions; Fed in $85bn AIG rescue deal; Crisis hits home to threaten the Halifax
US - Insurance and investment giant, American Insurance Group (AIG), has been partially nationalised by the US Federal Reserve after an emergency cash injection of $85bn to avoid a "disorderly failure" of the institution.
Including: UK - P-Solve appoints investment officer; AFRICA - New fund launch; KOREA - Barings establishes Seoul office
IRELAND - The total pension accounting deficit for Irish based ISEQ quoted companies has risen dramatically by 66% from 2007 levels, a study by new firm Attain Consulting has revealed.
US - In the latest twist to the pension fund divestment saga, the blacklist has broadened to include Israel, targeted by a group of US activists demanding the Seattle Employees' Retirement System (SERS) divest from companies involved with Israeli occupied...
ITALY - The Italian supervisory commission on pension funds (COVIP) has signed a framework agreement of collaboration with the Guardia di Finanza (GdF), in order to put in place legal provisions for the protection of savings.
US - Credit Suisse has reached a settlement agreement with the Attorney General of the State of New York and the North American Securities Administrators Association Task Force to repurchase at par auction rate securities (ARS) held by investors.