CZECH REPUBLIC - Pension fund performance last year was the lowest on record, with an average return of 2.5-3%.
According to the OECD, Czech funds have a strict 25% limit on equities, although many invest less than this. Turmoil on the global stock markets as a result of the ongoing credit crisis has left some funds with 0% return for Q1 this year.
Fidelity International has created global retirement savings guidelines to help employers and employees understand how much is needed to save for retirement, writes Kim Kaveh.
The Local Authority Pension Fund Forum (LAPFF) has announced the sudden death of its chairman, Ian Greenwood, on Monday (12 November) night at age 68.
Jonathan Stapleton wonders whether we need a thorough review of the principles for institutional investment decision-making