News

UK - The £8.5bn ($13.6bn) Aviva Staff Pension Scheme is looking to increase its allocations to real estate related assets to 15% over the next two years as it looks for long-term, liability matching assets.

Asset manager F&C nearly doubled its votes against company management in shareholder resolutions last year, reflecting a tougher stance on corporate governance, the firm says.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.

NORWAY - The Government Pension Fund Global returned 9.6% in 2010, driven by widespread gains in global stock and bond markets.

Scottish academics launch wave of pensions strikes; Ontario Teachers' fund backs TMX merger; Murdoch sued for nepotism over £400m deal for daughter's firm

The move to CPI for pension indexation will reduce defined benefit liabilities by about £60bn by the end of the year, KPMG says.

GLOBAL - Asset manager F&C nearly doubled its votes against company management in shareholder resolutions last year, reflecting a tougher stance on corporate governance, the firm said.

Santander UK has slashed its defined benefit scheme deficit by 85% after paying contributions of £995m last year.

A university employer group has hit back at unions for taking strike action today over planned changes to the Universities Superannuation Scheme.

The Pensions Regulator will publish detailed guidance for large employers and intermediaries on compliance with employer duties in May.