News

Michael Johnson is a man who calls a spade a spade. And then hits you over the head with it.

The coalition is considering delaying auto-enrolment and a delay of more than 12 months will mean the reform package is effectively over, former Chancellor Alistair Darling told reporters.

Institutional investors with over $20trn (£12.7bn) in assets are urging global policy makers to create policies that encourage private sector investment in climate change solutions.

UK - Lord Hutton admitted the Labour administration's pension reform package did not go far enough and may have "made matters worse".

US - The board of the California Public Employees' Retirement System renewed the contracts of the 16 external managers responsible for its $123.3bn global equity portfolio.

GLOBAL -Institutional investors with over $20trn in assets are urging global policy makers to create policies that encourage private sector investment in climate change solutions.

Lord Hutton admitted the Labour administration's pension reform package did not go far enough and may have "made matters worse".

US - Assets at BlackRock hit $3.3trn in the third quarter, down 9% over the three-month period, after market declines battered equity strategies.

Outgoing National Association of Pension Funds chairman Lindsay Tomlinson has urged schemes to demand more from the organisation and band together to lobby government more effectively.

NETHERLANDS - Dutch pension fund Stichting Pensioenfonds SABIC Innovative Plastics has appointed State Street Corporation to provide custody and other services for its €700m ($970m) in assets.