News
Defined Contribution
UNITED ARAB EMIRATES - Infrastructure developer Kharafi National has instituted a new retirement plan for employees that allows them access to a wide variety of global investment options and offers a company match.
22 March 2010
•
Europe
EUROPE - The European asset management industry has called for the creation of a standardised pension product across Europe in order to boost personal savings.
22 March 2010
•
US
US - Some of the largest pension fund investors and corporate governance experts in the US have urged senators not to undermine key provisions in a bill proposing sweeping reform of the US financial system.
22 March 2010
•
Hedge Funds
UK - Hermes BPK Partners chief executive officer Matteo Perruccio said Europe's draft plans to regulate its alternative investment funds could be a boon to investment consultants if it goes ahead as planned.
22 March 2010
•
Law
The WTL International Retirement Benefits Scheme's claim of breach of contract and negligence against Scottish Widows has been rejected in the courts.
22 March 2010
•
Defined Benefit
The London Boroughs of Ealing and Enfield have become the latest members of the Local Authority Pension Fund Forum.
22 March 2010
•
Appointments
Fiduciary manager MN Services has appointed Stephanie Limond as account manager in its UK team.
22 March 2010
•
Defined Benefit
Unfunded pension promises made to past and present UK public sector workers now amount to £993bn, Towers Watson calculations reveal.
22 March 2010
•
United Kingdom
UK - Unfunded pension promises made to past and present UK public sector workers now amount to £993bn (US$1.5trn), Towers Watson calculations revealed.
22 March 2010
•
