Investment

GLOBAL - Only 22.2% of the respondents of the Global Pensions 100 Panel said they are using fundamental indexing in their portfolios.

NORWAY - The Government Pension Fund Global posted a 25.6% profit for 2009 on the back of equities and fixed income gains.

Fidelity has launched an employer financed retirement benefit scheme (EFRBS).

The industry is giving The Pensions Regulator too much power by asking its permission prior to making decisions, HamishWilson says.

Trade unions could increase their members' pensions by more than half by backing collective defined contribution arrangements, a leading fund manager says.

The Enterprise Chamber of the Amsterdam Court of Appeals has rejected a request by Hermes and the Universities Superannuation Scheme to investigate Canon's tender offer worth €730m (US$998.4m) to buy Océ.

The ruling in the long-running Imperial Décor case has left the government in breach of European law obligations, Eversheds says.

Liberal Democrat pensions spokesman Steve Webb talks to Tom Selby about being the party who asks the awkward questions.

UK - The Conservatives voted against a batch of regulations governing auto-enrolment in a House of Commons committee yesterday.

CANADA - The Ontario Municipal Employees' Retirement System posted returns of 10.6% in 2009, but its scheme deficit still increased more then five-fold over the year to C$1.5bn (US$1.45bn).