News

Workers on the London Docklands Light Railway have voted to strike over the closure of the final salary pension scheme to new entrants.

The Alternative Investment Management Association has called for the implemented form of the Alternative Investment Fund Managers Directive to be flexible, proportionate and based on the principles of openness and transparency.

JAPAN - The adoption of new benchmarks by some Japanese pension funds is set to boost their holdings of emerging markets shares, says Goldman Sachs Investment Research.

GLOBAL - BNY Mellon has launched a new Sovereign Institutions Group to cater for sovereign pension plans, wealth funds and central banks.

EUROPE - The Alternative Investment Management Association (AIMA) has called for the implemented form of the Alternative Investment Fund Managers Directive (AIFMD) to be flexible, proportionate and based on the principles of openness and transparency....

NETHERLANDS - ING Groep NV, the largest Dutch financial-services company, said it is in talks with potential bidders for parts of its global real estate investment unit as the firm is seeking to reduce property-related risk.

UK - Two more senior figures are to leave insurance giant Aegon UK as the company continues a restructuring programme designed to cut operating costs by 25% by the end of the year.

The Pensions Regulator, Amundi, FRR, ATP, AllianceBernstein, Towers Watson, Alexander Forbes, Barings, T. Rowe Price

Alexander (Alastair) Mackenzie, the former general manager of The British Petroleum Company's pension department, died on 31 December aged 81 years.

Pension providers have been told to make sure they encourage customers to shop around before offering them an annuity.