News

ITALY - Italian pension fund service provider PensPlan Centrum posted a 13% profit for 2009 on the back of equity gains.

The Alberta Investment Management Corp., which manages C$70bn in assets for Alberta pensions and other institutions, is in negotiations to take over UK-based buy out firm Candover.

The Church Commissioners' 2009 results outperformed the average UK pension fund last year with returns of 15.6%.

Schemes are facing serious risks in the aftermath of the Greek economic crisis, Redington says.

UK - Schemes are facing serious risks in the aftermath of the Greek economic crisis, Redington said.

UK/CANADA - The Alberta Investment Management Corp. (Aimco), which manages C$70bn (US$70bn) in assets for Alberta pensions and other institutions, is in negotiations to take over UK-based buy out firm Candover.

Lack of political policy on personal finance sustainability so far has been ‘inexcusable', Fidelity International says.

Technology and engineering firm GKN has agreed a £30m per year asset-backed payment with the schemes trustees to tackle its £499m deficit.

The general election is likely to result in a hung parliament and the markets face a "corridor of uncertainty" as the parties negotiate the terms of a coalition government, Schroders says.

Better returns allay fears for Church