News
Regulation
A former trustee has questioned The Pensions Regulator's powers when it comes to enforcing contribution orders against foreign parent companies.
04 February 2010
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United Kingdom
UK - A former trustee has questioned The Pensions Regulator's powers when it comes to enforcing contribution orders against foreign parent companies.
04 February 2010
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Regulation
The Pensions Regulator will take enforcement action against trustees who fail to keep scheme data up to scratch.
04 February 2010
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Defined Benefit
Aviva UK life and pensions new business sales fell almost 25% in 2009 as the insurer was hit by the tough economic conditions, but bumper Q4 sales have given it confidence for 2010.
04 February 2010
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Appointments
NETHERLANDS - Robeco board member and chief executive of Sustainable Asset Management (SAM) Sander van Eijkern has resigned over a "difference of opinion with respect to the future strategy" of the Dutch asset manager.
03 February 2010
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South Korea
SOUTH KOREA/UK - The US private equity owner of Gatwick airport has confirmed that it will sell a 12% stake to South Korea's state pension fund.
03 February 2010
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Mandates
ITALY - The pension fund for tourism, commerce and service sector workers (Fon.Te) launched manager searches for two of its defined contribution funds for mandates worth €900m (US$1.2bn).
03 February 2010
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Denmark
DENMARK - Pension manager ATP posted overall investment returns of 8.5% for 2009, but officials remain unsure about whether or not they can increase pension payments next year.
03 February 2010
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Bulk Annuities
US - The US Department of Labor (DOL) and the Treasury are requesting feedback on the implications of integrating a lifetime annuity arrangement into defined contribution plans.
03 February 2010
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Defined Benefit
The Independent Democratic Union has accused the AA's private equity owners of "plundering" after it proposed capping pensionable salary increases at 1%.
03 February 2010
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