News
Fixed Income
EUROPE - Park Square Capital has raised €850m ($1.2bn), primarily from institutional investors including pension funds, for its mezzanine fund PSC Fund II, the firm said.
05 April 2011
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Investment
Park Square Capital has raised €850m (£742m), primarily from institutional investors including pension funds, for its mezzanine fund PSC Fund II, the firm says
05 April 2011
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Press
Simpler pension set at £140 a week; Millions of workers to pay higher National Insurance to pay for pensions overhaul
05 April 2011
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Switzerland
SWITZERLAND - The 30 largest listed Swiss companies have increased their pension scheme funding levels up to 88%, but are still far short of the fully-funded status they enjoyed before the financial crisis, research from Towers Watson shows.
05 April 2011
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Defined Benefit
More than one in ten large UK schemes has suffered fraud over the past two years, with member transactions the most vulnerable area for fraudulent activities, research suggests.
05 April 2011
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Global
GLOBAL - Emerging market debt remains attractive in comparison to G7 government bonds despite inflationary concerns and unrest in the Middle East, Aberdeen Asset Management believes.
05 April 2011
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US
US - The New York State Common Retirement Fund (CRF) has terminated Insight Capital Research & Management from a $21m domestic equity portfolio, the pension fund said.
05 April 2011
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Defined Benefit
The Association of Member Nominated Trustees has set up two working groups to develop proposals to defend DB funds and look at best practice for DC schemes.
05 April 2011
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Australia
AUSTRALIA - Seven financial services organisations have formed an alliance to support the Federal Government in the delivery of its SuperStream initiatives and to provide better service to their members.
05 April 2011
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Legislation
The government has set out its intention to "transform pension saving" with the launch of a green paper consultation on a flat-rate state pension.
04 April 2011
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