News
Ireland
IRELAND - A construction company has agreed to pay outstanding contributions to the industry pension fund after being taken to court by the The Pensions Board.
12 January 2011
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North America
US - Consultancy firm Towers Watson has named Chris DeMeo head of investments for North America.
12 January 2011
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New Zealand
NEW ZEALAND - The New Zealand Superannuation Fund posted returns -0.38% in November due to significant falls in the global fixed income markets.
12 January 2011
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Canada
CANADA - Strong stock market returns and a slight rebound in long-term federal bond yields in the fourth quarter allowed Canadian pension plans to make up for most of the losses incurred in Q2, figures from Mercer show.
12 January 2011
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United Kingdom
UK - Henderson and Gartmore have finally reached an agreement which should see full acquisition take place in a £335m ($524m) deal over the next few months, subject to shareholder approval.
12 January 2011
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Investment
Henderson and Gartmore have finally reached an agreement which should see full acquisition take place in a £335m deal over the next few months, subject to shareholder approval.
12 January 2011
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Bulk Annuities
Goldman Sachs has bought Paternoster for £260m but will not immediately combine the firm with its Rothesay Life subsidiary.
12 January 2011
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Norway
NORWAY - The Ministry of Finance has finalised a new policy for Norges Bank's management of the Government Pension Fund Global (GPFG) with a stronger focus on risk management.
11 January 2011
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United Kingdom
UK - The aggregate s179 funding position of the 6,560 schemes in the PPF 7800 index is estimated to have improved to a surplus of £21.7bn ($33.7bn) at the end of December.
11 January 2011
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Defined Benefit
The aggregate s179 funding position of the 6,560 schemes in the PPF 7800 index is estimated to have improved to a surplus of £21.7bn at the end of December last year.
11 January 2011
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