The Pension Protection Fund has hired seven global equity managers to expand its existing manager structure.
UK - The Pension Protection Fund has gone out to tender for a global custodian. The incumbent custodian is State Street.
The last ten years could become known as the "lost decade" for pensions, a KPMG report claims.
As the year comes to a close, GP is taking a look back at the 10 most read features of 2009.
The value of buyouts, buy-ins and longevity swap deals struck during the 2009 has been more than £7.5bn, latest research by Hymans Robertson reveals.
UK - The value of buyouts, buy-ins and longevity swap deals struck during the 2009 has been more than £7.5bn (US$12bn), latest research by Hymans Robertson revealed.
Flintshire County Council has appointed State Street Global Advisors to run a £20m absolute return hedge fund of funds mandate on behalf of the Clwyd Pension Fund.
AUSTRALIA - The median Australian balanced super fund returned over 10% in the 12 months ending November, with results for the end of 2009 expected to be the strongest in the decade, data by SuperRatings showed.
The aggregate pensions accounting deficit for the 200 largest UK pension schemes has ballooned to £103bn - topping the £100bn for the first time ever, Aon Consulting's Aon200 index reveals.
UK - The aggregate pensions accounting deficit for the 200 largest UK pension schemes has ballooned to £103bn (US$166bn) - topping the £100bn mark for the first time ever, Aon Consulting's Aon200 index revealed.