Clive Cowdery's insurance investment vehicle Resolution is expected to soon unveil plans for a further acquisition in the UK life space after Friends Provident reported a 13% drop in 2009 sales.
Raquel Pichardo-Allison introduces the February 2010 issue of Global Pensions
US - The investment committee of the California Public Employees' Retirement System will discuss the merits of using a leveraged allocation to fixed income as part of its portfolio strategy.
ARGENTINA - President Cristina Fernández announced pension payments will be raised by 8.2% from the beginning of March, taking the level of pension increases to nearly 500% since 2003.
IRELAND - Four out of five defined benefit (DB) schemes are in deficit despite good investment returns last year, the 2009 Annual Review by Ireland's Pensions Board revealed.
Four senior conservative MEPs are set to launch a legal fight against European Parliament proposals to tackle a £106m deficit in its pension fund.
EUROPE - Four senior conservative members of the European Parliament (MEPs) are set to launch a legal fight against European Parliament proposals to tackle a £106m (US$165.6m) deficit in its pension fund.
Lord Myners warns on City bonuses; UK banks face Basel pension pressure; Pension incomes drop 70% in a decade
US/UK - Russell Investments has sold Pantheon Ventures, its US$22bn private equity fund of funds manager, to Affiliated Managers Group for around $775m.
Russell Investments has sold Pantheon Ventures, its $22bn (£14.1bn) private equity fund of funds manager, to Affiliated Managers Group for around $775m (£500m).