News

EUROPE - AllianceBernstein is planning to launch a risk parity strategy for pension schemes seeking growth while minimising equity volatility.

ROMANIA - Romania's Constitutional Court has rejected opposition challenges to pension changes vital to the terms of an international bailout loan.

INDIA - A new scheme catering for workers in India's unorganised sector is looking for micro-finance loan providers to help members make their first contributions.

UK - BAA Pension Trust - the trustee of the BAA Pension Scheme - has appointed Xafinity Paymaster to provide third party administration services for their DB pension scheme covering over 20,000 members.

CANADA - The Canada Pension Plan Investment Board has purchased a 10% stake in a Toronto toll road, and its holding could increase to 40% if CPPIB's planned acquisition of Intoll Group goes through.

Neuberger Berman has launched an emerging markets equity fund as part of its UCITS III umbrella investment fund.

The Pensions Advisory Service has cut its board membership by 25% as part of a review of its operations.

Professional Pensions is providing full coverage of this year's National Association of Pension Funds annual conference.

Firms are failing to do enough to help raise employees' awareness of scheme provision, the National Association of Pension Funds warns.

Gurkhas say pension increase would save government millions; Public sector pension cuts could lead to industrial unrest, say unions; Call for public sector pensions overhaul; Pensions blow for small employers