News

Pension funds face a double hit from a proposed European-wide financial transactions tax, the Investment Management Association warns.

US - Some 92% of institutional investors are unhappy with executive pay relating to performance at the companies they invest in, research shows

HONG KONG - The government has put pressure on investment managers to lower the fees they charge to run money for the massive Mandatory Provident Fund.

GLOBAL - Investor confidence rose by 1.8 points to 88.9 in September thanks to gains in Europe and Asia, research by State Street shows.

UK - Investors need to up their knowledge of the transition management process if they expect to have successful transitions, delegates at the Global Pensions Transition Management Forum heard.

UK - Pension funds would suffer from liabilities increasing further if the Bank of England buys gilts in another round of quantitative easing, Pension Corporation says.

Photos from our Transition Management Forum at the London Hilton Tower Bridge. Visit www.transitionmanagementforum.com to read more about this leading TM event.

US - A public pension fund lawsuit seeking to recover billions of dollars of bonus payouts and other compensation from Goldman Sachs has been thrown out of court.

Defined contribution investment strategies must focus more on member outcomes and less on turning savers into investment experts to succeed during auto-enrolment, consultants say.

BlackRock has hired Simon Beresford and Neil Purvis as part of its to push to be "provider of choice" in the bundled defined contribution market.