Further monetary policy tightening in China will send a strong cautionary signal to investors invested in both Chinese and emerging market equities, Standard Life Investments says.
EUROPE - European schemes have started to put strategies in action that deal with volatility by either bringing in returns or mitigating risks, but find there's still a way to go in educating board members about these strategies.
Secretary of state for work and pensions Iain Duncan Smith set out the coalition's plans for radical state pension reform yesterday.
Professional Pensions asked three industry experts how we can help people make better at retirement choices.
A warning late yesterday from France's Edhec Risk Institute about the dangers of banning naked short selling of sovereign debt using credit default swaps was in vain, as the European Parliament voted to push through such a veto.
POLAND - Poland's government approved its plan to reduce transfers to private pension funds, a move that will trim the country's borrowing needs by about 190 billion zloty ($67bn) through 2020.
POLAND - Poland's plan to cut transfers to private pension funds, already delayed by a month, may not be in place until the second half of 2011, posing a threat to the fiscal-deficit goal, Citigroup'S Polish unit said.
There is no single right answer to what makes a good defined contribution default fund strategy, the Investment Management Association says.
Corporate schemes must increase transparency and demand more responsible investing from their asset managers to keep pace with pension funds outside the UK, UKSIF says.
UK - Public sector discount rates should be tied to UK economic growth to reflect future tax revenues needed to fund the scheme, the Pensions Policy Institute says.