News
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
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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
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US
US - Fitch Ratings has rated the credit enhancement programmes (CEP) offered by California Public Employees' Retirement System (CalPERS) and the California State Teachers' Retirement System (CalSTRS) "AAA" and "AA+", respectively.
15 August 2011
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Sweden
NORDICS - Nordic investors are continuing to show optimism in hedge funds with nearly a third planning to increase their exposure this year to strategies like global macro, event driven and long/short funds, a new report shows.
15 August 2011
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Appointments
State Street Global Advisors; Texas TRS; Deloitte; F&C Investments; RCM; The National Association of Pension Funds
15 August 2011
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Defined Benefit
Hachette UK is to close its two defined benefit pension schemes to future accrual and inject an additional £8m to tackle its £35m deficit.
15 August 2011
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Regulation
The Pensions Regulator has contacted tens of thousands of independent financial advisers and accountants as part of its auto-enrolment education drive.
15 August 2011
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Press
LDI out of favour with firms; Pension liabilities market gains pace; CPI or RPI, inflation remains a big threat; Pension funds
15 August 2011
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Investment
FTSE100 firms with pension schemes heavily exposed to equities dropped 26% in value this month, pushing the combined index deficit up £30bn in just ten days.
15 August 2011
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Bulk Annuities
Scheme risk transfer deals totalling £1.4bn were completed last quarter with five providers concluding business in excess of £150m, Hymans Robertson analysis finds.
15 August 2011
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