EUROPE - UK pension funds have adapted their approaches to interest rates and inflation hedging, as a result of current market conditions.
Including: US - Congress backs Paulson bail-out plan; UK - Bradford and Bingley nationalised; BENELUX - Governments back Fortis
GLOBAL - What is the difference between US government-sponsored entities Fannie Mae and Freddie Mac and pension funds? The US government will not bail out pension funds.
INCLUDING: EUROPE - EC approves ABP shopping centre investment; UK - Low PPF premium for Lehman; UK - DB Advisors appoints director; AUSTRALIA - Deloitte boosts super practice ; US - PBGC director praises pension transfer
US/UK - The US Bankruptcy Court has rejected objections to an agreement which gave the pension schemes of Sea Containers Limited (SCL) status as substantial creditors.
INCLUDING: CHINA - Pension fund overseas investments hits $2bn mark; UK - Schroders sends pensions administration to Aon; AUSTRALIA - Millennium Global Investments wins active currency overlay mandate; UK - New head of strategy at CAAM; UK - Mercer wins...
GLOBAL - Superannuation and pension funds in Australia are being encouraged to adopt best practice in managing the risks and opportunities of climate change, through an initiative launched by minister for superannuation and corporate law Senator Nick...
INCLUDING: UK - Cardano wins Thales UK Pension Scheme mandate; GLOBAL - Global investor confidence falls; UK - Govt urged to provide PA default option; UK - LPFA tenders for actuary
Including: SWITZERLAND - SAM founder and CEO quits; UK - Firm's appetite for pension risk on the wane; US - CB Richard Ellis chairman to leave
GLOBAL - Aging populations and changing mortality assumptions are the greatest threat to the long term viability of pension schemes, major consultants have again claimed.