News

CZECH REPUBLIC - Czech pension-overhaul plans are positive for stocks, bonds and the koruna and may help the country win a higher credit rating, Nomura International said.

GLOBAL - Investor confidence dropped to 91.6 in February, falling 9.2 points from January's revised reading of 100.8, State Street research shows.

UK - Merseyside Pension Fund is seeking new passive equity and bond managers to boost its responsible investing policy.

NETHERLANDS - The Dutch pension fund Stichting Pensioenfonds Werk en (re) Integratie (PWrI) has terminated its pensions management mandate with Syntrus Achmea and awarded it to APG with effect from 1 January 2012.

Fidelity does not currently see market demand for a corporate wrap to incorporate wider workplace savings vehicles other than ISAs and self-invested personal pensions, it says.

Merseyside Pension Fund is seeking new passive equity and bond managers to boost its responsible investing policy.

Former National Association of Pension Funds chairman Robin Ellison has joined the executive advisory board of investment data firm SRL Global.

UK - Former National Association of Pension Funds chairman Robin Ellison has joined the executive advisory board of investment data firm SRL Global.

Occupational scheme member groups have attacked the switch to Consumer Prices Index inflation as a Treasury cost-saving exercise aimed at benefitting business over members.

Pensioners should share pain of spending cuts, says Institute of Economic Affairs; Pensions and health care pledges put UK at 'extreme risk' of another economic crisis; David Prosser: The charmed lives of Britain's pensioners in an age of austerity