News

SOUTH KOREA - National Pension Service, South Korea's biggest investor, said its days as a passive investor are coming to an end and that it will begin raising its voice to improve corporate governance and the value of its shareholdings.

GLOBAL - The FTSE Group has axed eight companies from its FTSE4Good Global Index Series, including petroleum giants BP.

UK - The trustees of the £20bn ($30.8bn) Royal Mail Pension Plan have tabled a 38-year deficit reduction plan to The Pensions Regulator, the Hooper report reveals.

The trustees of the £20bn Royal Mail Pension Plan have tabled a 38-year deficit reduction plan to The Pensions Regulator, the Hooper report reveals.

GLOBAL - A group of former Citi employees has launched a firm to help pension funds access alpha-generating investments.

UK - Transition managers have been too reluctant to release their track records to clients, said Graham Dixon, director at Inalytics.

NETHERLANDS - Five Dutch pension funds have teamed up to explain their funding plight to their members and pointed a finger at the impact of low interest rates.

A group of former Citi employees has launched a firm to help pension funds access alpha-generating investments.

The government should take responsibility for the Royal Mail's £8bn pension deficit, Richard Hooper says.

Treasury proposals to remove the requirement to annuities by age 75 will only benefit "those who need them the least", the industry warns.