Investment

The £2.4bn Universities Superannuation Scheme has boosted its property portfolio with the purchase of a 35,000 square foot warehouse and green field site.

Introducing the collective defined contribution model in the UK could increase typical members' pensions by up to 45% according to actuarial consultant Hamish Wilson.

GLOBAL - Worldwide investor Confidence fell back below 100 to settle at 99.2 in June, a decline of 5.1 points from May's revised reading of 104.3, State Street Global Markets said.

GLOBAL - The executive board of the International Monetary Fund (IMF) has chosen French finance minister Christine Lagarde as its new director.

Employers taking on business transfers could be on the hook for unexpected life assurance benefits, thanks to a quirk in Transfer of Undertakings (Protection of Employment) regulations.

James Cropper has closed its final salary scheme to future accrual, cutting its pensions deficit by 90%.

MSCI has launched a range of 25 new ESG indices developed specifically for pension funds and other institutional investors.

GLOBAL - MSCI has launched a range of 25 new ESG indices developed specifically for pension funds and other institutional investors.

AUSTRALIA - Potential gaps in strategic, operational and member engagement issues could leave superannuation funds scrambling to catch up if they do not start planning for imminent reforms now, Mercer has warned.

Emerging market equities and bonds, and high yield bonds have served pension funds well in the last decade, research shows.