News
Defined Benefit
Fujitsu workers have voted to accept a revised deal from bosses which will see their final salary scheme stay open for an extra year.
01 March 2010
•
Press
Sacrificed to the winds of change; 'Unfair' cuts in pension tax breaks under fire; Rivals accuse BT of taking risks and digging £8.8bn pensions hole
01 March 2010
•
Corporate Governance
BAE Systems Pension Funds has appointed Hermes Equity Ownership Services has been appointed by it provide it with corporate governance advice.
01 March 2010
•
Canada
CANADA - Caisse de dépôt et placement du Québec posted a 10% return for 2009 but fell short of its target returns.
26 February 2010
•
Japan
JAPAN - A high allocation to domestic bonds held back returns at Japan's public pension fund during the last three months of 2009.
26 February 2010
•
Sweden
SWEDEN - One of Sweden's biggest institutional investors, AMF, reported that positive investment returns of 12.6% for 2009 helped it to further strengthen its balance sheet last year.
26 February 2010
•
US
US/CANADA - Manager search activity by institutional investors in North America is set to increase 13% above 2009 levels, potentially resulting in a shift in assets of US$420bn this year, a survey by eVestment Alliance and Casey, Quirk & Associates revealed....
26 February 2010
•
US
US - The American International Group (AIG) has agreed to pay US$8m to settle a lawsuit launched by the Oregon Public Employees Retirement System (PERS), which accused the insurer of poor disclosure and bid-rigging.
26 February 2010
•
United Kingdom
UK - Royal Bank of Scotland's decision to make cuts to its pension benefits saved it £2.15bn (US$3.3bn) in Q4 last year, its 2009 annual results reveal.
26 February 2010
•
Defined Benefit
Royal Bank of Scotland's decision to make cuts to its pension benefits saved it £2.15bn in Q4 last year, its 2009 annual results reveal.
26 February 2010
•
