News

EUROPE- The EU and IMF have reached a deal on Greece which should prevent a default, but will involve a new round of austerity measures for the beleaguered nation.

UK - Scheme funding levels improved during 2010 despite fears of a double-dip recession and the sovereign debt crisis, UBS Global Asset Management says.

London hedge fund CQS is delaying planned soft closure for its flagship ABS portfolio to allow prospective pension scheme investors already conducting due diligence on the fund to complete their analysis.

Scheme funding levels improved during 2010 despite fears of a double-dip recession and the sovereign debt crisis, UBS Global Asset Management says.

Sackers has launched a non-legal advice service for companies and scheme trustees offering project management, scheme secretarial and governance support.

The government has reiterated it will not introduce legislation to override pension scheme indexation rules.

Unions gear up for autumn battle on pensions; Care home place costs double the average pensioner's income

UK - London hedge fund CQS is delaying planned soft closure for its flagship ABS portfolio to allow prospective pension scheme investors already conducting due diligence on the fund to complete their analysis.

AUSTRALIA - QIC is to close its implemented manager-of-managers Australian equities product and its directly managed large cap Australian equities products because of lack of demand.

AUSTRALIA - Low income workers will receive a boost to their superannuation savings from July 2012 by having their contributions tax refunded.