CANADA - The Healthcare of Ontario Pension Plan (HOOPP) has finalised the implementation of an asset liability management (ALM) solution provided by Ortec.
ITALY - A reform of the Italian pension system including auto-enrolment into a mandatory defined contribution fund should be considered in the near future to push Italians to save more for retirement, industry figures said.
The stewardship code for institutional investors must not become tick-box compliance exercise with no tangible benefits for schemes, the National Association of Pension Funds urges.
More than half of pension scheme trustees in the UK think they should be paid for their role.
Unison has slammed Liberal Democrat proposals to slash public sector pensions, stating it will "come back to bite them."
US - Demand for custom target date funds among trustees of DC schemes in the US is on the rise, an influential survey of pension consultants showed.
PricewaterhouseCoopers has become the latest firm to raise fears over proposed pension accounting changes.
UK - PricewaterhouseCoopers has become the latest firm to raise fears over proposed pension accounting changes.
The number of schemes using non-cash assets to pay off deficits will outstrip buyouts over the next five years, Deloitte claims.
Companies entering a longevity swap could get a "nasty surprise" if they do not consider the effect on their accounting position, Hewitt Associates warns.