PP has backed the formation of the Association of Member Nominated Trustees.
EUROPE - The trade associations for securities lenders such as pension funds, and for hedge funds, have each criticized key planks in European Commission proposals to regulating short selling, issued today.
US - Governor Chris Christie has unveiled a proposed series of cuts across state pensions as he tries to shore up a deficit that sits at $46bn, and growing.
UK - The £337m ($523.8m) Next Group Pension Plan has undertaken a £124m buy-in deal for the defined benefit section of the scheme, half year results reveal.
UK - PricewaterhouseCoopers has been forced to undertake an exhaustive review of its client base after the Financial Reporting Council discovered it was acting as auditor to a company while providing actuarial services to its defined benefit pension scheme....
PERU - Peru's central bank has increased the amount pension funds can invest in international assets by two percentage points to 30% of their overall portfolios.
US - The 100 large defined benefit plans tracked by Milliman are carrying their biggest deficits in a decade.
The £337m Next Group Pension Plan has undertaken a £124m buy-in deal for the defined benefit section of the scheme, half year results reveal.
The National Association of Pension Funds has elected two members to its 19-strong investment council.
PricewaterhouseCoopers has been forced to undertake an exhaustive review of its client base after the Financial Reporting Council discovered it was acting as auditor to a company while providing actuarial services to its defined benefit pension scheme....