News

Prestige car retailer H.R. Owen has agreed a series of annual £50,000 contributions with its trustees to address the defined benefit scheme's deficit.

Inflation worries rise among UK pensions; Banks shift assets to cut pensions deficits; Pension conundrum at UK banks; Pension funds ‘down £250bn and taking too many risks'; Stagecoach may face executive pay revolt

Russell Investments; OPERS; BNY Mellon Asset Management; Mercer; Baring Asset Management; The Chartered Alternative Investment Analyst (CAIA) Association; Sciens Fund of Funds Management Holdings

The Nova Chemicals UK Pension Plan has agreed a £30m buyout with Pension Corporation covering the liabilities of its 155 members.

Inflation risk has become a key concern to sponsors and trustees in light of the continued uncertainty around which measure to use for indexation, a Metlife poll reveals.

US/GLOBAL - International equity was one of the top performing asset classes over the second quarter of 2011 and the year as a whole, with seven of the top ten international equity products returning more than 50% for the year, research by Informa Investment...

The ITV pension scheme has entered into a £1.7bn longevity swap with Credit Suisse to fully hedge the longevity risk for 12,000 of its pensioner members.

The £4bn Merseyside Pension Fund has made an infrastructure allocation to AMP Capital's Strategic Infrastructure Trust of Europe.

ASIA - ING Investment Management Asia's CIO believes the yuan will become a reserve currency within the next two years driven by the ongoing debt problems in Europe and the US.

CANADA - The Ontario Municipal Employees Retirement System (OMERS) has acquired a 7.4 acre multi-purpose site in Toronto including a conference hall, office space, hotel and parking.