News

Inaccurate data presented during the Kraft takeover of Cadbury could mean any clearance applications given in the course of the transaction are invalid, a lawyer says.

Failure to make resolution may lose schemes power to repay surplus funds

The Society of Pension Consultants will do more to promote risk sharing as a means of supporting defined benefit provision, its new president says.

The Institute and Faculty of Actuaries is pushing to be "heard more clearly" by the industry following last week's merger, its president says.

The current investment governance model needs to be significantly improved, Mn Services says.

DC schemes are clearing not working in their current guise and employers will move towards different types of tax wrappers, Standard Life says.

US - The New York State Common Retirement Fund posted a 25.9% return for fiscal year 2010, its third best performance in the past 20 years, according to a preliminary estimate from New York State comptroller Thomas DiNapoli.

EUROPE - Investments into long term UCITS excluding money market funds surged in the first quarter of 2010 to €87bn (US$106.1bn) in net inflows, the first time such levels had been reached since Q1 2006, according to new figures from the European Fund...

UK - The UK government should issue longevity bonds to help pension schemes and insurance companies address longevity risk, the Cass Business School said.

The UK government should issue longevity bonds to help pension schemes and insurance companies address longevity risk, the Cass Business School says.