News

SWEDEN/US - Swedish pension buffer fund AP2 and US pension fund manager TIAA-CREF have formed a joint venture targeting agricultural real estate.

Cable & Wireless Communications has pumped an additional £64m into its superannuation fund in a bid to slash its £161m deficit by 2016, results reveal.

J.P. Morgan Asset Management has boosted the European operations of its strategic investment advisory group with a senior hire in a newly created role.

Warwickshire County Council pension fund has been forced to take a £5m loan to fill a cash shortfall after austerity measures put a strain on its cash flow.

The Postal Services Bill has been amended in the House of Lords to safeguard the Royal Mail Pension Plan if the scheme is broken up in future.

More than 90% of institutional investors now vote on shares they hold in UK companies due to increasing adherence to the UK Stewardship Code, a survey reveals.

Proposals to reform annuity market; Retirees cut pension saving by £11bn; Britons cannot retire at 65 due to lack of pension; Make the most of the pension you've got

The government has identified two broad options for changing the tax rules governing employer asset-backed contributions to defined benefit schemes.

AUSTRALIA - Colonial First State has awarded three mandates in alternative investments totalling A$300m for its FirstChoice Growth superannuation product.

EUROPE - J.P. Morgan Asset Management has appointed Professor Paul Sweeting as European head of the Strategic Investment Advisory Group (SIAG).