ICELAND - The Institute of Economic Studies at the University of Iceland and the research network of the International Network of Pension Regulators and Supervisors (INPRS) have announced two half-day workshops in Reykjavik, Iceland.
On June 7, 2002 the topic will be ‘The Future of Retirement’ while on June 8 ‘Retirement Surveys’ is the title of the conference. The conference chairmen are Tryggvi Thor Herbertsson, director of the...
ICELAND - A group of Icelandic pension funds will buy a 25% stake in geothermal power company HS Orka for ISK8.06bn ($71.5m) from Magma Energy, the firm said.
US - Staff at the California Public Employees' Retirement System have proposed new portfolio benchmarks to reflect the risk-based asset allocation approved in December.
The California Public Employees' Retirement System (CalPERS) is to conclude its research into a new asset allocation method based on risk exposure.
ICELAND - Iceland's pension funds, which hold the bonds behind most of the country's mortgage debt, will try to block proposals to forgive as much as $2bn in bad loans that the government says it is considering.