News

GLOBAL - European asset managers are expecting further slow downs in fixed income inflows, but are becoming more optimistic about Asian and European equities, reports show.

UK - Almost three-quarters of schemes are committed to long-term de-risking strategies but the majority still plan to demand extra employer contributions, an Aon Hewitt poll reveals.

LCP senior partner Martin Slack will retire at the end of next month and be succeeded by Bob Scott, the consultant confirms.

Pension funds could face thousands of pounds in administration costs due to new laws designed to take the sting out pension tax saving changes, PwC warns.

Almost three-quarters of schemes are committed to long-term de-risking strategies but the majority still plan to demand extra employer contributions, an Aon Hewitt poll reveals.

GLOBAL - China has eclipsed Japan as the world's second largest economy after posting GDP figures of $5.8trn for 2010, beating Japan's $5.474trn.

UK - Hedge fund investors must stop "undermining" one another by accepting inadequate terms, the Universities Superannuation Scheme believes.

Pensions plan to de-risk funds; DC looms for public sector pensions; Pension benefits in state sector face one-third cut; Transparency may cut pension deficit

Hedge fund investors must stop "undermining" one another by accepting inadequate terms, says allocator the Universities Superannuation Scheme.

OPERS; GESB; TRS; LCP; Friends Provident; Northern Trust; Mercer; PBGC