News

IRELAND - Nearly two-thirds of plan sponsors offering a defined benefit scheme have had trouble funding their pension funds leading some to increase contributions, close schemes or implement hybrid plans, a new survey found.

Hewitt Associates has reported a doubling in the number of hedge fund manager searches during 2009 in comparison with the previous year.

GLOBAL - Hewitt Associates has reported a doubling in the number of hedge fund manager searches during 2009 in comparison with the previous year.

Institutional pension fund assets in the 13 major markets increased by 15% during 2009, from US$20trn (£12.6trn) to over US$23trn (£14.5trn), latest Towers Watson research reveals.

GLOBAL - Institutional pension fund assets in the 13 major markets increased by 15% during 2009, from US$20trn to over US$23trn, latest Towers Watson research has revealed.

The strongest companies could see their Pension Protection Fund levy triple because of uncertainty around how their failure scores are calculated, Mercer warns.

PricewaterhouseCoopers has appointed Martine Trouard-Riolle as a director in its pension credit advisory team.

Robin Ellison is to officially launch his U Party today as he begins his 2010 election campaign.

Revised learning requirements from The Pensions Regulator have put trustees under "more pressure then ever", Lane Clark & Peacock says.

Affiliated Managers Group and the management team of Artemis Investment Management have bought Artemis from Fortis Bank for an undisclosed sum.