News

The Conservatives voted against a batch of regulations governing auto-enrolment in a House of Commons committee yesterday.

The industry has lambasted proposals to restrict higher-rate tax relief for those earning more than £130,000.

NETHERLANDS - Financial services watchdog Autoriteit Financiële Markten (AFM) and De Nederlandsche Bank (DNB) halted their investigation over Ed Njipels' role in the collapse of DSB Bank because he resigned as chairman of Stichting Pensioenfonds ABP....

EUROPE - The Institutional Investors Group on Climate Change (IIGCC) has released guidelines for pension funds meant to help investors evaluate the impact climate change will have on their private equity portfolios.

CANADA - The Ontario Municipal Employees' Retirement System posted returns of 10.6% in 2009, but its scheme deficit still increased more then five-fold over the year to C$1.5bn (US$1.45bn).

The government should tackle the Pension Protection Fund's £1.2bn deficit by halting automatic increases in compensation payments, a consultant says.

Hedge fund trade bodies have reacted with some dismay to the Committee of European Securities Regulators' proposal for a pan-European disclosure regime for short selling.

The E.ON UK pension scheme has appointed Cardano as investment adviser.

EUROPE - Hedge fund trade bodies have reacted with some dismay to the Committee of European Securities Regulators' (CESR) proposal for a pan-European disclosure regime for short selling.

Taylor Wimpey has announced it is consulting with members of the George Wimpey Staff Pension Scheme about closing the scheme to future accrual.