News

US - The California Public Employees' Retirement System (CalPERS) plans to dole out $2bn to up to three strategic partners to manage multi-asset class mandates.

Public sector pensions must share the pain of this global financial crisis; Head teachers' pension strike could shut every school; Headteachers union to vote on strikes for the first time; Unilever extends talks on final salary pensions; Nest looks to...

Local government pension scheme employers are urging government to allow changes to member accrual rates instead of increasing contributions as part of public sector pension reform plans.

Professional scheme trustees should be "better regulated", according to an independent trustee firm.

UK - Liability-driven investment is "fundamentally misconceived" because it hedges low interest rates which in fact increase corporate profitability, a radical report finds.

US -Sysco has agreed to adopt new environmental strategies following pressure from the California State Teachers' Retirement System (CalSTRS).

FTSE350 buyout liabilities are surging towards £1trn forcing schemes to abandon buyout plans and move forward with alternative de-risking strategies, Aon Hewitt says.

The final phase a cost sharing research exercise for Scottish local government pension schemes could be shelved after initial findings dismissed plans to merge 11 funds.

Industry requests for acquiring companies to consider target pension schemes in takeover bids came "too late in the day" to be considered as part of an amended Takeover Code, PP can reveal.

A drafting "anomaly" in the Pensions Bill concerning the change from RPI to CPI indexation must be addressed before it gets royal assent, lawyers warn.