SWITZERLAND - Delegates at the World Economic Forum (WEF) in Davos have passed judgement on sovereign wealth funds (SWFs), broadly supporting the financial vehicles but calling for regulation to stop potential abuses.
UK - The number of defined benefit (DB) schemes that remain open has stayed steady, according to latest National Association of Pension Funds (NAPF) annual survey.
US - The global benefits of the T-Charter have been highlighted at the inaugural New York Global Pensions Transition Managment Forum, along with the struggles in coming to agreement on the document.
UK - The Personal Accounts Delivery Authority (PADA) has launched a consultation on the charging structure of personal accounts.
US - Hedge fund group Capital Z Asset Management has hired CalPERS' senior investment officer Christianna Wood as its chief executive.
UK - Sales of enhanced annuities rose by 35% last year to pass £1bn (€1.34bn) for the first time.
UK - Pension scheme deficits showed significant improvement in 2007, despite returns on UK pension assets falling to their lowest level in five years.
Market turmoil set to spark bout of consolidation; Enhanced annuities top £1bn; Two new asset classes for the armoury; Struggling Friends puts the final touches to strategy
Transfer times for funds paid into self-invested personal pensions will be slashed by new Financial Services Authority regulations, Hornbuckle Mitchell believes.
SEI has reported its largest year of growth since the launch of its UK operations in 2000.