News

The Serious Fraud Office has been instructed to release potentially sensitive documents about the downfall of Equitable Life following a Freedom of Information request.

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.

The £2.2bn Universities Superannuation Scheme has appointed Tim Coffin as its environmental manager.

FRANCE - The €37bn ($51bn) Fonds de reserve pour les retraites said today it would implement a liability driven investment strategy after receiving a clear picture of its liabilities from the government last year.

GLOBAL - Russell Investments' transition management team saw an uptick of 66% in 2010 in transitions involving overlay strategies as investors looked to manage their exposures to new asset allocations.

EUROPE - Sovereign bondholders will be relegated down creditor lists if European policymakers push through plans for a bailout mechanism, Standard & Poor's warned.

AUSTRALIA - Superannuation assets rose 7.7% in 2010 hitting A$1.32trn ($1.32trn) at year end, according to quarterly data by the Australian Prudential Regulation Authority.

The government is asking "the entirely wrong questions" on defined contribution regulatory arbitrage, delegates heard.

Professional Pensions assembled a panel of three industry experts to talk about inflation risk, how it would affect schemes and what funds can do to address this.

Standard Life's operating profit before tax increased by 7% to £425m last year, boosted by the uptick in markets and an increase in corporate pension scheme clients.