News

The trustee of the Merchant Navy Officers Pension Fund has selected Towers Watson as the delegated chief investment officer for its £3bn pension fund.

GLOBAL - Aon Corporation has announced it has completed its merger of Hewitt Associates with Aon Consulting to create Aon Hewitt.

Aon Corporation has announced it has completed its merger of Hewitt Associates with Aon Consulting to create Aon Hewitt.

CANADA - The Caisse de Depot et Placement du Quebec, Canada's biggest pension fund manager, isn't ruling out selling more bonds after completing an C$8bn ($7.8bn) borrowing programme three months ago, chief executive officer Michael Sabia said.

UK - The combined deficit of the top 100 UK firms' defined benefit schemes has shrunk by £8bn ($12.6bn) over the last year, Pension Capital Strategies says.

EUROPE - The CFA Institute and Foundation for Governance Research and Education (FGRE) have joined forces to study the challenges facing responsible investors.

IRELAND - The National Pensions Reserve Fund Commission (NPRFC) has underwritten a €5.4bn ($7.4bn) equity capital raising by Allied Irish Banks.

Just 20% of Global Pensions readers are facing their worst ever scheme deficits, our survey shows.

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.

A group of top BBC journalists - including Jeremy Paxman and Huw Edwards - have written to the National Union of Journalists warning against planned strikes during the Tory party conference.