Investment

DENMARK - Pension manager ATP posted overall investment returns of 8.5% for 2009, but officials remain unsure about whether or not they can increase pension payments next year.

US - The US Department of Labor (DOL) and the Treasury are requesting feedback on the implications of integrating a lifetime annuity arrangement into defined contribution plans.

The current draft of the Alternative Investment Fund Managers European directive could give rise to significant legal uncertainty, a committee of the Bank of England says.

Pension schemes took a step back from inflation hedging measures in the last quarter of 2009, figures from the latest F&C Liability Driven Investments survey show.

Hermes Fund Managers has launched a global credit asset management boutique with an initial £400m investment from the BT Pension Scheme.

Life and pensions providers Royal London and Standard Life have reported strong growth in their UK businesses during 2009.

A former BlueBay hedge fund manager has been fined £140,000 and banned by the FSA for misleading investors and the regulator.

UK - The Conservative Party has confirmed a large chunk of its pensions strategy in a major policy document on economic growth.

The Conservative Party has confirmed a large chunk of its pensions strategy in a major policy document on economic growth.

Nearly one-third of panellists said the investment rules they operate under are too restrictive and could prevent them from reaching their investment goals.