News

GLOBAL - Markets are continuing to fight back with all the leading indices trading in the black after G7 finance ministers agreed to cool the soaring yen.

UK - The £8.5bn ($13.6bn) Aviva Staff Pension Scheme is looking to increase its allocations to real estate related assets to 15% over the next two years as it looks for long-term, liability matching assets.

Asset manager F&C nearly doubled its votes against company management in shareholder resolutions last year, reflecting a tougher stance on corporate governance, the firm says.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.

NORWAY - The Government Pension Fund Global returned 9.6% in 2010, driven by widespread gains in global stock and bond markets.

Scottish academics launch wave of pensions strikes; Ontario Teachers' fund backs TMX merger; Murdoch sued for nepotism over £400m deal for daughter's firm

The move to CPI for pension indexation will reduce defined benefit liabilities by about £60bn by the end of the year, KPMG says.

GLOBAL - Asset manager F&C nearly doubled its votes against company management in shareholder resolutions last year, reflecting a tougher stance on corporate governance, the firm said.

Santander UK has slashed its defined benefit scheme deficit by 85% after paying contributions of £995m last year.

A university employer group has hit back at unions for taking strike action today over planned changes to the Universities Superannuation Scheme.