News

The increased deficit of the BAA defined benefit scheme has contributed to the airport operator's pre-tax losses of £784.7m, results show.

Pareto will be running a limited-attendance currency management seminar at the up-coming Professional Pensions Show.

Employers and workers are being asked to submit their views on the default retirement age to feed into the official government review taking place next year.

Jane Irvine is to take over from Charlie Gordon as deputy pensions ombudsman, the government has announced.

Pension fund body pushes up standards; Pension liabilities offset equity gains

Some 30% of trust-based defined contribution schemes have breached retirement disclosure regulations, a report by The Pensions Regulator revealed.

SWEDEN - AP2 chief investment officer Johan Held has resigned after nearly 18 months to join AFA Försäkring, an insurance company owned by Sweden's labour market parties.

EUROPE - The European Commission has adopted additional proposals clarifying the scope of the new European Supervisory Authorities.

GLOBAL - The Caisse de dépôt et placement du Québec (Caisse) and AXA Private Equity have entered into a partnership aimed at helping Québec and European-based businesses expand internationally.

AUSTRALIA - The Australian Government Employees Superannuation Trust (AGEST) has appointed Millennium Global Investments to run an A$270m (US$240m) active currency overlay mandate.