News

Cross-border European property funds continued their recovery in 2011, spurred on by underlying direct property market returns of 6.8%, according to the latest IPD Pan-European Property Fund Index figures.

An influential asset manager has hit back at Professor John Kay's criticism of the industry.

Professor John Kay is still assessing the role trustees can play in redefining the incentives of asset managers.

The ICGN has launched a model contract designed to promote "optimal alignment" between asset owners and asset managers.

The pensions industry has thrown its weight behind the creation of aggregator schemes to make Steve Webb's ‘operation big fat pension pot' a success.

Hannah Brenton reports from the International Corporate Governance Network conference, held in London last week.

Equity valuations that reflect "unrealistically large declines in growth and returns" present one of the best buying opportunities in a generation, according to Goldman Sachs.

Government's promise to protect people within ten years of retirement from losing out under public sector pension changes will safeguard less than 1% of members, estimates suggest.

Reformed public sector pension schemes will have to undergo further changes within the next 25 years, undermining claims the settlement will last a generation, Lord Hutton says.

The Pensions Regulator has spent nearly £3.2m on external barrister fees over the past two years, with one-third of those costs spent on one legal case alone, figures show.