News
Ireland
IRELAND - An early election in Ireland will not derail the launch of sovereign annuity bonds, the Irish Association of Pension Funds (IAPF) believes.
21 January 2011
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United Kingdom
UK - BlackRock head of defined contribution sales Emma Douglas has left the firm for Mercer where she will help launch and head up the consultant's corporate wrap offering.
21 January 2011
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US
US - Verizon Communications, the second-largest US phone company, will take a charge of $600m in its 2010 results as it changes the way it accounts for fluctuations in its pension funds.
21 January 2011
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Canada
CANADA - Strong returns from domestic equities have helped Canadian pension plans surge ahead of their pre-financial crisis levels of 2008, research by RBC Dexia Investor Services reveals.
21 January 2011
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Australia
AUSTRALIA - The median superannuation growth fund returned just 4.7% in 2010 following a downbeat first half, research by Chant West shows.
21 January 2011
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Industry
Universities Superannuation Scheme trustees have rejected plans to cap inflationary increases for members' benefits and force people who re-join the fund to switch to career average.
21 January 2011
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Defined Benefit
Uniq aims to deliver its deficit for equity swap by the end of March in a move that could see 90% of equity handed to the pension scheme.
21 January 2011
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Press
Aviva cuts pension deficit and reveals strategy; Boparan reaches agreement with pension trustees over Northern takover; PIRC calls for shake-up of remuneration boards
21 January 2011
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US
US - The US's two largest pension funds have reported double digit returns for 2010, marking a solid recovery after steep losses in the global financial crisis.
21 January 2011
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Appointments
Emma Douglas has left BlackRock for Mercer where she will help launch and head up the consultant's corporate wrap offering.
21 January 2011
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