Investment

Government proposals to allow people access to their pension pots early risk damaging long-term saving, Mercer warns.

The number of hedge fund portfolios closing last quarter rose for the first time in over a year, with funds of hedge funds leading the way.

The Pensions Regulator has launched a campaign to improve the monitoring of scheme funding and employer covenants.

Defined contribution members risk dramatic fluctuations in retirement income unless they adopt default strategies that reduce the impact of market shocks, a global body warns.

GLOBAL - Defined contribution members risk dramatic fluctuations in retirement income unless they adopt default strategies that reduce the impact of market shocks, the global body warned.

US - The San Diego County Employees Retirement Association (SDCERA) Board of Retirement has decreased its assumed rate of return to 8%, from 8.25%, the assumed rate for the past 13 years.

NETHERLANDS/UK - Dutch pension fund and asset manager PGGM has allocated €75m (US$89.8m) to a UK property fund run by Standard Life.

The number of investors considering climate change policies as key to manager selection has doubled since 2007, but the actual integration of these policies into investment mandates has failed to take off, a report by the Institutional Investors Group...

EUROPE - The number of investors considering climate change policies as key to manager selection has doubled since 2007, but the actual integration of these policies into investment mandates has failed to take off, a report by the Institutional Investors...

M&G has launched a UCITS III version of a global macro investment strategy in a bid to target institutional investors.