Global

The Myners' report faced further criticism when its call for a scheme-specific funding standard was described as "poorly defined" by the Actuarial Profession's Pensions Board.

Peter Thompson, the new chairman of UK's National Association of Pension Funds (NAPF), has created a storm within the pensions industry by claiming that it does not matter whether individuals save for retirement through a pension vehicle or not.

Quebec's C$125bn (US$81bn) pension fund, Caisse de dépôt et placement du Québec (CDP) has launched Maestro, a new real estate investment and advisory service, aimed at institutional investors.

Judges attempted to have pensions ombudsman Julian Farrand dismissed after he issued some "forthright criticisms" of their rulings.

A loophole in UK stakeholder law could leave employers open to legal action if the investment underperforms, consulting actuary Lane Clark & Peacock warns.

The Florida State Board of Administration (FSBA), which runs the $102bn Florida Retirement System, is to put four mandates out to tender as part of its plan to launch a new defined contribution scheme.

Proposed best practice guidelines in the UK for occupational pension schemes have been quietly dropped because the government feared the industry was being overburdened by legislation.

HSBC Asset Management has bought a controlling stake in Taiwanese fund manager China Securities Investment Trust (CSIT), following a TW$3.3bn (US$103m) cash deal.

Fidelity has topped International Pensions News exclusive ranking of worldwide pension fund mandates won and lost, with a net amount won of US$4.6bn. Fidelity comes top out of nearly 200 fund managers that have either won or lost mandates in the first...

UK's National Association of Pension Funds (NAPF) is looking to standardise trustee training for local authority councils. The move follows a successful response to a forthcoming training seminar organised at the request of Essex County Council (ECC)....