UK - The CAMRA Database, which allows investors to search for extensive statistical information on asset managers' products, company profiles including their investment process and custodial arrangements and fees, can now be accessed online at www.camradata.com.
The service is targeted at medium to large sized pension funds and their consultants worldwide. Some 280 pension funds in 16 countries currently use the service.
Enhanced powers for The Pensions Regulator (TPR) to prosecute and fine company directors who "wilfully or recklessly" put their defined benefit (DB) pension scheme at risk will be hard to enforce, commentators say.
Melrose has pledged to contribute up to £1bn to GKN's pension schemes as part of a final offer to acquire the engineering business.
Existing master trusts will be forced to pay £41,000 when applying for authorisation under the upcoming regime, the government has confirmed.
UPDATE 2 - DWP publishes DB white paper: Stronger powers for TPR, DB chair statements to be introduced
The Pensions Regulator (TPR) will be given the power to fine company bosses who deliberately puts their defined benefit (DB) schemes at risk, the government has confirmed.