News

FRANCE - The Fonds de Réserve pour les Retraites (FRR) has selected Goldman Sachs International and Russell Implementation Services as transition managers.

Investors in Australia, the UK and Sweden ranked highest in a new "Environmental Real Estate Index" developed on the back of a global environmental survey commissioned by three large European pension funds.

GLOBAL - Investors in Australia, the UK and Sweden ranked highest in a new "Environmental Real Estate Index" developed on the back of a global environmental survey commissioned by three large European pension funds.

A group of investors led by Hermes has forced Infineon's designated chairman Klaus Wucherer to promise to step down after only one year instead of five if elected to head the chipmaker's supervisory board.

GERMANY - A group of investors led by Hermes has forced Infineon's designated chairman Klaus Wucherer to promise to step down after only one year instead of five if elected to head the chipmaker's supervisory board.

Recession cut your pension by £10,000; David Prosser: How to tackle pensioner poverty

The EMAP Earnings Related Pension Plan has been wound up two years after its liabilities were bought out with Paternoster.

UK - The longevity swap market could reach £20bn (US$28bn) this year as schemes look towards cheaper DIY options to reduce risk.

The longevity swap market could reach £20bn this year as schemes look towards cheaper DIY options to reduce risk.

Trustees must remain vigilant against sponsor insolvencies as the number of firms going bankrupt often spikes as economies recover, PricewaterhouseCoopers says.