News
India
INDIA - Goldman Sachs Asset Management has acquired India's largest ETF provider Benchmark Asset Management and announced plans to bring actively managed funds onshore.
16 March 2011
•
Canada
CANADA - Staff at the Healthcare of Ontario Pension Plan (HOOPP) could soon be compensated for how well they match liabilities.
16 March 2011
•
United Kingdom
UK - Buyout deals totalled £8.1bn ($13bn) last year, with £1.6bn of this business written in Q4 alone, research by JLT Pension Capital Strategies shows.
16 March 2011
•
Industry
Aries Pension has launched a Retail Prices Index revaluation table to help defined benefit pension schemes who have to keep using the same RPI measure of inflation to revalue benefits.
16 March 2011
•
US
US - The California Public Employees' Retirement System (CalPERS) has rejected recommendations to lower its discount rate and voted to keep it at 7.75%.
16 March 2011
•
Defined Benefit
Changes to the Universities Superannuation Scheme could be stalled indefinitely due to an ongoing dispute between employers and employees, a union warns.
16 March 2011
•
Defined Benefit
Members of the University and College Union have arranged five separate strikes over redundancies and cuts to pensions and pay.
16 March 2011
•
Industry
Taxes will have to rise by more than £82bn a year to cover the pension, healthcare and benefits bill of the ‘baby boomer' generation, a report says.
16 March 2011
•
Bulk Annuities
Buyout deals totalled £8.1bn last year, with £1.6bn of this business written in Q4 alone, research by JLT Pension Capital Strategies shows.
16 March 2011
•
Press
Warning on rise in council pension contributions; Taxes 'must rise by £82bn a year' to fund pension and health costs; NIESR: Taxes must rise by £90bn a year to fund baby boomers; Why freezing expat pensions makes no sense
16 March 2011
•
