News

Global - Half of the Global Pensions 100 Panel believe the Securities and Exchange Commission should issue new regulations on proxy access after its original rules on the matter were overturned in the courts.

Global - Three quarters of the Global Pensions 100 Panel believe the eurozone will remain unchanged over the next 12 months.

EUROPE - European Union pension policy could cripple British firms and stall economic recovery if schemes are forced into Solvency II capital requirements, employers warn.

AUSTRALIA - The Australian Prudential Regulatory Authority is seeking feedback on proposals to strengthen corporate governance at super funds by requiring them to hold more capital, conduct stronger due diligence on external managers and improve risk...

UK - The use of transition management within the defined contribution is set to grow as the move away from defined benefit provision continues, delegates at the Global Pensions Transition Management Forum heard.

US - The chief investment officer of the California Public Employees' Retirement System, the nation's largest pension fund, said it will be difficult to hit its 7.75% target in the coming years.

The Pensions Regulator has awarded a £105m contract to Capita to support direct communications with employers on auto-enrolment.

UK - New developments within the transition management market are providing clients with more flexibility when moving assets than ever before, delegates at the Global Pensions Transition Management Forum heard.

Financial secretary to the Treasury Mark Hoban has rejected AJ Bell's call to increase the limits on income drawdown.

DCisions and Friends Life have developed the Friends Life Workplace Savings Index to track the investment behaviour of more than 700,000 of its consumers.