Andrew Short looks at how pension funds can get involved in infrastructure investment
GLOBAL - The Netherlands, Australia and Switzerland have the world's best pension systems in terms of adequacy, sustainability and integrity, but all 16 countries surveyed in the 2011 Melbourne Mercer Global Pension Index are under stress from economic...
KPMG snags Mercer partner, Mercer poaches from NEST, BlackRock, BlueBay, ICI, Impax, Man Group, Aviva, Barings
KPMG has hired Jon Exley, former partner at rival Mercer's financial strategy group, to serve as partner within the investment advisory practice.
Mercer has hired a key employee from the National Employment Savings Trust as a senior consultant in its governance and trustee services group.
Covenant monitoring will come under increased scrutiny from The Pensions Regulator because of current market turmoil, Mercer has warned.
The aggregate deficit of S&P 1500 pension plans increased by $134bn in September, reaching a "post-World War II high", Mercer claims.
Pensions deficits for FTSE350 companies grew by 21% in September as falling bond yields and volatile stock markets were mitigated by a reduction in interest rate projections.
The country's biggest firms have increased their pensioner longevity assumptions for the fifth year running in a move which has added about 1% to scheme liabilities, Mercer says.
Rachel Alembakis looks at the details behind the Australian government's plans to create a cheaper, more effective pensions industry