News

GLOBAL - Investors in hedge funds selling their stakes on secondary markets have turned a profit on their holding for the first time in 18 months, demonstrating growing investor interest in the asset class.

Investors in hedge funds selling their stakes on secondary markets have turned a profit on their holding for the first time in 18 months, demonstrating growing investor interest in the asset class.

The scheme order and rules for NEST have been laid before parliament by the secretary of state for work and pensions.

IRELAND - Commodities can exceed equity returns over time while providing a good source of diversification in a scheme portfolio, Hermes head of commodities Colin O'Shea said.

Commodities can exceed equity returns over time while providing a good source of diversification in a scheme portfolio, Hermes head of commodities Colin O'Shea says.

Pensions set-up costs to soar, says Treasury; A crisis we can't afford to be retiring about

GP Noble trustees Graham Pitcher and Gary Cordell have today been charged with fraud and abuse of position in connection with the alleged theft of £52m of pension assets from nine occupational pension schemes.

IRELAND - While the concept of fiduciary management and implementing consulting could be very appealing to schemes, it does leave a number of issues unsolved, delegates at the 2010 Irish Association of Pension Funds Investment Conference heard.

CANADA - The Canadian government will go on road show to get feedback from individuals, and have commissioned a series of reports on how to improve the country's pension system.

The National Employment Savings Trusts' 2% contribution charge will be levied for 20 years, the pensions minister says.