Investment

EUROPE - UK and Irish pension fund associations have spoken out about comments made in support of Solvency II being applied to the industry last week.

THE Financial Services Authority is set to introduce rules to force investors to disclose significant short positions in firms undertaking rights issues.

CURRENCY overlay funds had mixed results in the first quarter of 2008, latest statistics from BNY Mellon Asset Servicing show.

Employers looking to set up workplace personal pensions ahead of 2012 should wait until the full extent of regulation becomes clear, a law firm warns.

Disgruntled council schemes have told Whitehall chiefs that service standards have suffered due to delays to regulations for the new-look Local Government Pension Scheme.

HERMES has outsourced its custody, investment operations, fund accounting and transfer agency functions to Northern Trust.

AUSTRALIA - The Australian Prudential Regulation Authority (APRA) has warned it could remove trustees from 32 superannuation funds for failing to meet their regulatory obligations.

As changes are introduced to improve Singapore and Hong Kong's mandatory pension systems, industry insiders are urging a more radical overhaul to deal with the countries' looming aging issues. Keren Holland reports from Singapore and Hong Kong

As corporate culture and business structure at asset management firms come under increasing scrutiny, "boutique" seems to have become a byword for best practice. Jenny Blinch reports

The Pensions Regulator's draft guidance on conflicts of interest focuses too heavily on larger defined benefit schemes, the Society of Pension Consultants claims.