UK - The CDC Pensions Scheme has completed a £370m (US$621.6m) buy-in with Rothesay Life.
Environmental, social and corporate governance factors have a positive affect on portfolio returns, according to Mercer.
The CDC Pensions Scheme has completed a £370m buy-in with Rothesay Life.
The Celestica (UK) Pension Plan has appointed Mercer to provide it with implemented consulting services.
Pension deficits understated by £267bn; Pension funds believe longevity derivatives will play a crucial role in managing future scheme deficits; Mercer Investments 'on the fence' over added value of active management; Pension First to 'shake-up' buyout...
Each month DC World asks readers for their views. This month we ask: should DC schemes focus on asset allocation rather than searching for skilled active managers?
US - Mercer parent company Marsh & McLennan agreed to a US$400m settlement in a class action suit brought against the firm by Ohio and New Jersey pension funds.
De-risking remains a top priority for pension schemes, trustees and sponsors, Mercer research finds.
Emerging markets equities, debt and currency are the asset classes most likely to benefit from the long-term growth prospects of emerging economies, a consultant says.
US - AA bond yields helped buoy the funded status of US pension plans in October despite dropping equity markets.