News
Europe
EUROPE - Long-term UCITS funds attracted €19bn (US$27.4bn) in assets in November, marking the eighth consecutive month of gains, according to new data by the European Fund and Asset Management Association.
13 January 2010
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North America
US - Two US pension funds who sued Goldman Sachs last month over allegedly excessive bonus packages have asked the court to schedule an expedited hearing on their request to block the payments.
13 January 2010
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US
US - The Massachusetts Bricklayers and Masons pension fund has confirmed it has filed a lawsuit against Novartis, Alcon and Nestle claiming a deal between the companies discriminated against minority Alcon shareholders.
13 January 2010
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Defined Benefit
The £200m Xansa Pension Plan has appointed Wragge & Co as its sole legal adviser.
13 January 2010
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Appointments
AXA Investment Managers has appointed Jon Bailie as global head of distribution.
13 January 2010
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Defined Benefit
Trustees of the £2bn BAA Pension Scheme have appointed Cardano to advise the fund on all aspects of their investment strategy.
13 January 2010
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United Kingdom
UK - Trustees of the £2bn (US$3.3bn) BAA Pension Scheme have appointed Cardano to advise the fund on all aspects of their investment strategy.
13 January 2010
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Press
Pensions shake-up to be simplified; Protection for pensions; Time to revisit actuaries' role
13 January 2010
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Defined Benefit
Reviewing pension transfer cases should be a priority for advisers, according to MetLife.
13 January 2010
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Regulation
The government has pulled the draft batch of rules on existing pension scheme certification from the final auto-enrolment regulations.
13 January 2010
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