News

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.

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

Global pension assets up 15%; Plan to ease longevity risk asset trading; Pensions regain faith in hedge funds; BMW eyes UK pension offload

UK - A group of banks and insurance firms have launched an association to promote the development of a liquid traded market in longevity and mortality-related risk.

A group of banks and insurance firms have launched an association to promote the development of a liquid traded market in longevity and mortality-related risk.

Alliance Boots is set to close its UK defined benefit scheme to future accrual for active members.

US - A US appeals court has granted the New York City Employees' Retirement System (NYCERS) the right to sue Apple's Steve Jobs and other key managers again after a court dismissed a suit over losses allegedly related to the company's stock option plan....

US/UK - Target date funds have proved to be the best default option for US defined contribution plans, Harvard college professor David Laibson has claimed.

CHILE - Chilean pension regulator Superintendencia de Pensiones has limited schemes' currency hedging to 50% of the value of their exposure to foreign assets.