NETHERLANDS - ABN Amro predicts half of Dutch company pension funds will shift assets to insured schemes.
Now Pensions, the multi-employer scheme set up by Danish pension scheme ATP to rival the National Employment Savings Trust, has unveiled details of its product offering.
US - The Illinois Teachers' Retirement System has doled out $825m to new and existing managers and approved searches for up to six additional hedge fund managers and transition managers.
DENMARK - Danish pension fund ATP would like to invest in local infrastructure but a lack of ‘political focus' has led to a dearth of appropriate opportunities.
IRELAND - Underfunded pension funds will have to meet new risk reserves which could add 10% to its funding requirements and will have the ability to use sovereign annuities under the proposed new funding standard.
UK - NEST has signed up to the United Nations Principles for Responsible Investing in a bid to boost long term investing and good corporate governance.
T. Rowe Price; Association of Tax Technicians; Legal & General Property; Baring Asset Management; Threadneedle Investments; Adrian Lee & Partners; Aon Hewitt; Royal London Asset Management
UK - Andrew Meeson, the president of the Association of Tax Technicians, has stepped down from his post after being charged in relation to a £5m ($8m) pension tax fraud.
Andrew Meeson, the president of the Association of Tax Technicians, has stepped down from his post after being charged in relation to a £5m pension tax fraud.
Plan to ease £1.3 trn UK pension deficit; More pre-pack administration deals come under scrutiny of pensions watchdog; Companies cut men's life span; DB plans face new regulatory straitjacket