News

GLOBAL - Hedge funds might capture news headlines when they lose money as a result of financial crimes and misdemeanours, but pensions are stung more often partly due to their more regular investing patterns, according to a securities litigation lawyer...

Auto-enrolment will force small employers to reduce benefits and potentially freeze recruitment to meet rising pension costs.

The £2.4bn Derbyshire County Council Pension Fund is set to review the number of additional voluntary contribution providers it uses in a bid to boost investment fund choice for members.

The government has offered unions an improved accrual rate of 1/60th and more protection for workers approaching retirement in a concession on public sector pension changes.

DUBAI - Principal Global Investors has opened a new office in Dubai in an effort to expand its institutional business in the Middle East and has appointed Wassim Nasrallah as managing director and head of the region.

UK - 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.

CANADA - Canadian pension funds kept mergers and acquisitions (M&A) activity in the country afloat in the third quarter, according to PwC.

US/NETHERLANDS - CB Richard Ellis (CBRE) has completed the acquisition of ING Real Estate Investment Management (ING REIM) Europe, marking the final stage of CBRE's absorption of ING's real estate business.

Women's pension saving hits seven-year high; Record number of women saving for a pension; The best pensions for women; Danish firm launches low-cost rival to government's 'Nest' pension

The gender gap in pensions is closing as half of women are saving adequately for retirement, but they are still putting away less than men, research finds.