Over 63% of the respondents of Global Pensions 100 Panel said US president Barack Obama's proposals to help keep banks from becoming too big to fail will have a positive effect on the asset management industry.
US/EUROPE - A group of investors led by the Retirement System for the General Employees of the City of Miami Beach have won a class action trial against Vivendi and will be entitled to recover an estimated US$9.3bn.
US - The New York City Employees' Retirement System (NYCERS) will sue Apple's Steve Jobs and other key managers for the second time after an appeal court granted the pension fund the right to do so.
NEW ZEALAND - The New Zealand Superannuation Fund has invested US$125m in catastrophe-linked securities.
The Reader's Digest Association says The Pensions Regulator will not approve a rescue plan for its pension scheme, throwing the future of its UK business into jeopardy.
Trustees and administrators have been told to increase the quality of their record keeping after just 19% of schemes measured up The Pensions Regulator's guidance standards.
Institutional pension fund assets in the 13 major markets increased by 15% during 2009, from US$20trn (£12.6trn) to over US$23trn (£14.5trn), latest Towers Watson research reveals.
GLOBAL - Institutional pension fund assets in the 13 major markets increased by 15% during 2009, from US$20trn to over US$23trn, latest Towers Watson research has revealed.
Robin Ellison is to officially launch his U Party today as he begins his 2010 election campaign.
Revised learning requirements from The Pensions Regulator have put trustees under "more pressure then ever", Lane Clark & Peacock says.