News

The European Fund and Asset Management Association has unveiled new codes of conduct on responsible investing and corporate governance.

Still tirelessly calling trustees to action; Boards ‘would welcome' strategy feedback; Pension access to be eased; Lottery draw plans for pensions; Property fund targets defined contributions; UK faces £9 trillion savings shortfall

CB Richard Ellis Investors has launched a property fund targeting defined contribution investors amid the continuing closure of defined benefit schemes.

EUROPE - The European Fund and Asset Management Association (EFAMA) has unveiled new codes of conduct on responsible investing and corporate governance.

UK - CB Richard Ellis Investors has launched a property fund specifically designed for defined contribution pension scheme investors.

Peter Hargreaves and Stephen Lansdown are now among the UK's 100 wealthiest people, according to the Sunday Times Rich List 2011.

AUSTRALIA - The top 30 superannuation funds have posted an average rolling 12-month return of 5% for the 12 months to the end of March, latest figures show.

NETHERLANDS - AXA Investment Managers (AXA IM) has won a €2.2bn ($3.1bn) fiduciary mandate by Ahold Pensioenfonds, the Dutch pension fund of retailer Ahold.

IRELAND - The government plans to reveal details of a new pension tax next week to reap savings of about €2bn ($3bn), in a move the Irish Association of Pension Funds calls an "attack" on savings.

SWEDEN - Sweden's government has confirmed it will not seek to change the law to stop mass fund switching within the Premium Pension system (PPM).