News

Trustee boards are not being evaluated objectively and find it difficult to balance the speed and quality of decision making, research by Russell Investments finds.

Professional bodies are set to roll out a raft of new qualifications and training courses aimed at non-pension professionals tasked with administering auto-enrolment.

UK - F&C is considering whether to launch a fiduciary management service in the UK.

POLAND - Poland's government maintains its position that contributions to private pension funds should be reduced to help curb the deficit, according to Michal Boni, an adviser to Prime Minister Donald Tusk.

US - The New York State Common Retirement Fund (CRF) terminated AllianceBernstein and Capital Guardian Trust from domestic large-cap equity mandates worth a combined $2.5bn.

SWEDEN - Swedish buffer fund AP6 posted net returns of 9.4% in 2010, beating its target returns of 6.5%, the fund said.

UK - The Pension Protection Fund has appointed a further nine asset managers to provide credit investments for the fund.

The Pension Protection Fund has appointed a further nine asset managers to provide credit investments for the fund.

AUSTRALIA - The Government has launched a discussion paper on plans to introduce higher superannuation concessional contribution caps for members over 50.

rpmi has announced it will include scanable barcodes on future member communications in a bid to boost multi-channel engagement and keep printed communication alive.