AUSTRALIA - Mining companies should introduce a minimum superannuation contribution of 12% in any new workplace agreements, resources Minister Martin Ferguson said.
DENMARK - A consortium consisting of pension funds ATP and PFA Pension and insurance companies Folksam and CPDyvig has agreed to acquire FIH Erhvervsbank for DKK5bn ($879m).
GLOBAL - Emerging market debt's weak correlation with developed world bond markets means investors have a prime opportunity to enhance returns and reduce risk through diversification, Legg Mason affiliate Western Asset Management believes.
Global Pensions editor Raquel Pichardo-Allison speaks to Morten Nilsson, head of ATP's international operations about the Danish pension fund manager's UK expansion plans.
Trustees have been handed more than £4bn from scheme sponsors through asset-backed funding structures, research from KPMG reveals.
About two-thirds (65%) of buyout deals conducted in the first half of this year involved premiums of less than £10m, Mercer research finds.
Xafinity Claybrook has promoted Michael Payten to managing director after the retirement of the firm's founder and current MD Ron Barker.
The coalition government must identify what motivates people to save and abandon the previous administration's "piecemeal" approach to pension and saving reform, Aegon says.