News

What the parties are offering on tax, pensions and savings

GLOBAL - Institutional investors are increasingly investing in exchange traded funds (ETFs), a report by State Street Global Advisors (SSgA) revealed.

US - The Fresno County Employees' Retirement Association (FCERA) is set to choose a new large cap growth manager for a US$110m mandate, following a search the pension fund initiated earlier this year.

Gordon Brown's suggestion the Labour Party would extend its policy to restrict pensions tax relief to include people earning more than £100,000 was a "slip of the tongue", a Labour spokesman says.

UK - Gordon Brown's suggestion the Labour Party would extend its policy to restrict pensions tax relief to include people earning more than £100,000 was a "slip of the tongue", a Labour spokesman says.

ITALY - The speaker for Italian members of Parliament Gianfranco Fini has called for the creation of a pension safety net for corporate and multiemployer schemes to encourage membership into second pillar pensions.

Schroders head of UK institutional Miles O'Connor talks to Global Pensions editor Raquel Pichardo-Allison about winning the Investment Manager of the Year Award at the Global Pensions Awards 2010 and about the future of the asset management business....

The Labour Party could extend its restriction on higher rate pensions tax relief to include people earning more than £100,000, Gordon Brown suggested last night.

UK - The Labour Party could extend its restriction on higher rate pensions tax relief to include people earning more than £100,000 (US$153,140), Gordon Brown suggested last night.

Using prudent assumptions to assess longevity swaps on an accounting basis could mean schemes are paying "over the odds" for certainty, Club Vita says.