News
Defined Contribution
IT firm Kalamazoo Reynolds increased membership of its pension scheme to 84% after revamping its offering to focus on face-to-face support.
16 March 2011
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US
US - Texas may double how much the $108bn Teacher Retirement System (TRS) can invest in hedge funds, which lawmakers say reduces risk from stock market volatility.
16 March 2011
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Investment
The National Association of Pension Funds is once more pressuring government to increase issuance of long-dated and index-linked gilts to help schemes better match liabilities.
16 March 2011
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Netherlands
NETHERLANDS - The average funding ratio of Dutch pension funds rose from 99% to 107% over the last quarter of 2010, figures from the country's central bank show.
16 March 2011
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Denmark
DENMARK - Danish pension provider ATP has spoken out against a change to a proposed law which limits its investments in insurance companies.
15 March 2011
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Slovenia
SLOVENIA - The Constitutional Court has ruled that a referendum on pension changes approved by Parliament can take place, a move that will delay public spending cuts and may prompt a rating downgrade.
15 March 2011
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United Kingdom
UK - The switch from RPI to CPI for pension indexation moved one step further in the legislative process yesterday after it was approved in the House of Lords.
15 March 2011
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Europe
EUROPE/JAPAN - Major European indices suffered triple-digit losses on Tuesday after a third explosion at Japan's Fukushima nuclear power plant raised fresh radiation fears and sparked a 1,000-point plunge on the Nikkei 225.
15 March 2011
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Africa
MENA - Mark Mobius is "cautiously" looking to buy oversold quality companies in the Middle East and North Africa, despite increasing volatility in the region.
15 March 2011
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