News

Wood Mackenzie has overhauled its flexible benefits package and switched providers to Bluefin.

UK - Pension schemes are being urged to ensure their fund managers have put in protective claims with HMRC for the recovery of VAT potentially "erroneously" overcharged over the last four years.

US - The number of smaller US pension plans investing in alternatives is on the rise but overall portfolio allocations are falling, research from SEI shows.

NETHERLANDS - Dutch asset manager Robeco's heavy emphasis on growing its institutional business has paid off with nearly half of the €4.9bn ($7bn) inflows seen in the first half of the year coming from institutional mandates, CEO Roderick Munsters said....

NEW ZEALAND - The New Zealand superannuation fund is defending against Green Party claims saying it invests in companies manufacturing cluster bombs.

EUROPE - Scepticism some European allocators feel about the ability of ‘absolute return' funds to achieve their aims has been vindicated so far this month as almost eight in every 10 European funds in the sector lost money in the volatile first three...

The European Federation for Retirement Provision has appointed Matti Leppälä to succeed Chris Verhaegen as secretary general.

Pension schemes are being urged to ensure their fund managers have put in protective claims with HMRC for the recovery of VAT potentially "erroneously" overcharged over the last four years.

Aga Rangemaster has seen its pension scheme surplus rise by £15.6m on an IAS19 basis in the six months from January to June.

Commentary suggesting pension funds should avoid certain investments based on members' ethical consideration goes too far and contradicts case law, a lawyer warns.