UK - The Kodak Pension Plan in the UK is in the process of re-running its asset/liability model which is likely to result in a further increase in its exposure to absolute return programmes.
The study is due for completion mid-2003.
The plan, which allocates 15% to hedge funds, is also looking at ETFs, especially in relation to sector rotation.
The Brunel Pension Partnership has become the fourth local authority pool to receive the green light from the regulator.
Defined benefit (DB) schemes are to be offered a new consolidator as the former chief of the Pension Protection Fund (PPF) launches 'The Pension SuperFund'.
Martin Freeman has been hired as head of technology product and development at Smart Pension, to support the 'growing' technology product side of the business.
Tim Sharp says the government has missed some big opportunities to help workers in the DB white paper.