News
Norway
NORWAY - Norway's Government Pension Fund Global has shed its NOK13.7bn (US$2.4bn) investment in 17 tobacco producing companies including Philip Morris and British American Tobacco.
19 January 2010
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Canada
CANADA - Canada's financial stability could be at risk by the discovery that current methods of accounting for public sector pension obligations may have been understating their true costs by C$58bn (US$56.3bn), a think tank said.
19 January 2010
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Private Equity
Hermes Equity Ownership Services has established a private equity service with the hire of Tom Rotherham as associate director for private equity.
19 January 2010
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Defined Contribution
Defined contribution default investment strategies are a "cop out" by trustees, an independent trustee firm says.
19 January 2010
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Securities Lending
The Pensions Regulator has urged scheme trustees to review their securities lending practices.
19 January 2010
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United Kingdom
UK - The Pensions Regulator has urged scheme trustees to review their securities lending practices.
19 January 2010
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Defined Benefit
The number of schemes putting contingent assets in place jumped by 30% to 587 in 2009/10, data from the latest Purple Book reveals.
19 January 2010
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United Kingdom
UK - The number of schemes putting contingent assets in place jumped by 30% to 587 in 2009/10, research from the Pension Protection Fund and The Pensions Regulator revealed.
19 January 2010
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Investment
The Financial Reporting Council has begun consultation on a stewardship code setting out good practice for institutional investors when engaging with UK listed companies.
19 January 2010
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