News
Sweden
SWEDEN - AP7 returned 14.8% in 2010, almost 50% more than the nation's private funds.
20 January 2011
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Industry
News International group pensions manager Rosie Kumik, who passed away on Friday 7 January, was an "invaluable and "inspiring" person, colleagues said today.
20 January 2011
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Law
The Upper Tribunal expressed "serious reservations" about the amount The Pensions Regulator is chasing in its contribution notice against Michel Van De Wiele NV.
20 January 2011
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Europe
EUROPE - Introducing unnecessary detail to new Alternative Investment Fund Managers Directive (AIFMD) measures could harm investors, the Investment Management Association warns.
20 January 2011
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Defined Benefit
Aviva has reduced its scheme deficit by an estimated £1.3bn in the last year as part of a debt reduction programme.
20 January 2011
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Investment
Pension Insurance Corporation has reinsured almost £500m of its longevity exposure as it continues raising capital to target deals in excess of £3bn, it announced today.
20 January 2011
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Press
Pension Corp's move set to free capital; Aviva lifted by upbeat presentation on its financial strength; 'It is about time the government took the plight of pensioners more seriously'
20 January 2011
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US
US - The California Public Employees' Retirement System (CalPERS), the largest US public pension, is now worth just as much as when Lehman Brothers Holdings went bankrupt in 2008 and wiped out $6.8trn in US stock-market value in six months.
20 January 2011
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Industry
The Pensions Advisory Service has seen demand for its advice surge from workers who will be affected by auto-enrolment, its chairman says.
20 January 2011
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Legislation
The latest Pensions Bill has failed to address differences between contribution refunds in trust-based and contract-based schemes, providers say.
20 January 2011
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