News
Corporate Governance
Pension schemes and other institutional investors have filed an amended complaint alleging "rampant nepotism" and "failed corporate governance" at News Corp. in light of the ongoing British phone hacking scandal.
11 July 2011
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US
US/UK - US pension funds and other institutional investors have filed an amended complaint alleging "rampant nepotism" and "failed corporate governance" at News Corp. in light of the ongoing British phone hacking scandal.
11 July 2011
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United Kingdom
UK - Investors should stock their portfolio with 5% gold in order to best overcome the effects of both inflation and deflation, according to new research by Oxford Economics. World Gold Council.
11 July 2011
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Industry
Introducing a £140 a week single-tier state pension will reduce pensioners living below the poverty line to 10% in 2025, down from 16% in 2009, research shows.
11 July 2011
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Bulk Annuities
Pensions de-risking business slumped by 78% in the first quarter of this year despite a high level of activity in the market, research shows.
11 July 2011
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Investment
The £4.1bn London Pensions Fund Authority has boosted its shareholder voting and engagement by handing £1bn in global equities to Dutch fund manager Robeco.
11 July 2011
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Employee Benefits
The Office for Tax Simplification is to review pensioner taxation and employee share schemes in two projects.
11 July 2011
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United Kingdom
UK - Companies are needlessly paying £5bn ($8bn) into defined benefit pension schemes because their funding targets are more than 10% higher than necessary, PwC research finds.
11 July 2011
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United Kingdom
UK - The £4.1bn ($6.5bn) London Pension Fund Authority (LPFA) has awarded Dutch fund manager Robeco its first UK contract to oversee its shareholder voting and corporate engagement.
11 July 2011
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Appointments
BlackRock hires NEST's Gilbody; Aviva Investors; Liongate; Municipal Fire and Police Retirement System of Iowa; Ignis; HSBC Asset Management; Towers Watson; Acadian; Cardano; LGIM; Mercer
11 July 2011
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