News

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.

FRANCE - Investment returns at the Fonds de Réserve pour les Retraites (FRR) are up 12.8% since the start of the year helping to bring its total assets to €31.9bn (US$47.2bn), the pension fund said.

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

Growing pension liabilities reported in UK plc's company accounts at year end could shock shareholders as the impact of falling bond yields is felt, PricewaterhouseCoopers warns.

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

Minor amendments to personal accounts scheme order and rules will be made as a result an industry consultation but no major changes will take place, PADA says.

Pensions review reveals breaches of disclosure rule; Pension funds recover $1.5trn; Insurers fear calamity over EU rules on bank bonds

UK - NAPF chairman Lindsay Tomlinson speaks to GP senior correspondent Giovanni Legorano about his goals for the organisation given the current situation of the UK pension industry.

UK - Pension scheme liabilities could hit £1.2trn (US$1.7bn) by the end of December as a result of a sharp decrease in AA corporate bond yields, Xafinity Consulting warned.