News
Defined Contribution
The corporate defined contribution market in Europe is set to grow by 11.5% per year to 2014, research by Cerulli predicts.
16 August 2011
•
Europe
EUROPE - The corporate defined contribution (DC) market in Europe is set to grow by 11.5% per year to 2014, research by Cerulli predicts.
16 August 2011
•
Investment
LV= Asset Management said it expects to see some staff redundancies as it finalises its deal to outsource the management of its funds to Threadneedle.
16 August 2011
•
United Kingdom
UK/EUROPE - The European Commission has failed to make its case for a revised IORP directive and planned changes should be abandoned, the National Association of Pension Funds says.
16 August 2011
•
Industry
Aegon today confirmed the sale of its UK-based life and pensions business Guardian to European private equity group Cinven, for a total cash consideration of £275m.
16 August 2011
•
Industry
Price pressures across a number of areas forced UK CPI annual inflation up from 4.2% in June to 4.4% in July.
16 August 2011
•
Legislation
The European Commission has failed to make its case for a revised IORP directive and planned changes should be abandoned, the National Association of Pension Funds says.
16 August 2011
•
US
US - The California Public Employees' Retirement System (CalPERS) has approved a new $200m programme for emerging real estate managers with less than $1bn of assets under management.
16 August 2011
•
Australia
AUSTRALIA - The Future Fund has completed its sell-off of telecommunications company Telstra and said it earned A$9.37bn ($9.8bn) through dividends and share sales since the government transferred the shares to the fund in 2007.
15 August 2011
•
United Kingdom
UK - Scheme risk transfer deals totalling £1.4bn ($2.3bn) were completed last quarter with five providers concluding business in excess of £150m, Hymans Robertson analysis finds.
15 August 2011
•
