News

ASIA - Some 86% of Asia-Pacific fund managers believe the introduction of an investment passport is important for the region, research shows.

JAPAN/US - New York-based hedge fund AIFAM aims to boost the assets in its catastrophe bond fund by five times to $150m over the next year with Japanese pension money.

UK - Risk transfer deals are expected to be well in excess of £1bn ($1.6bn)in the fourth quarter on the back of improved market conditions and indexation changes, industry experts say.

More than half of UK workers would sacrifice pay for a higher pension contribution by their employer, research by Aon Hewitt reveals.

Pinsent Masons has launched a specialist team to provide expert advice on complex cases involving The Pensions Regulator and the Pension Protection Fund.

Flood of risk transfer deals; Index link switch puts pensions in limbo; Nest mandates excite asset managers; Public sector workers face £3bn payments rise in pensions review; Pensions group warns on tough EU plans; General wants MoD help for Forces pensions...

Risk transfer deals are expected to be well in excess of £1bn in the fourth quarter on the back of improved market conditions and indexation changes, industry experts say.

US - The California Public Employees' Retirement System (CalPERS) has refused to pay pensions based on recent compensation set for a number of City of Bell employees.

PwC; Mercer; SWIP; Caisse de dépôt et placement du Québec; Aviva Investors; Canada Life Investments; HSBC

Plans by the European Union to introduce Solvency II rules to the pensions industry run the risk of undermining pension provision rather than strengthening it, industry bodies have warned.