News
Defined Contribution
Almost half a billion pounds of pension funds were transferred abroad in the first two years after pensions simplification to escape alternatively secured pension tax penalties, A J Bell says.
18 January 2010
•
Appointments
The Investment Management Association has appointed Douglas Ferrans as chairman.
18 January 2010
•
Appointments
Standard Life has announced the new structure of its executive team after David Nish took over as chief executive at the life and pensions firm on January 1.
18 January 2010
•
US
US - The California Public Employees' Retirement System, the largest U.S. public pension, said private investment firms paid at least $125m to placement agents for help winning contracts to manage the fund's money.
15 January 2010
•
Global
GLOBAL - Pension funds could be neglecting their fiduciary responsibilities by ignoring the growing opportunities in climate change-related sectors, an investment bank suggested.
15 January 2010
•
US
US - The issuance of pension obligation bonds by cash-strapped governments is a risky move that can increase pension costs, a new report by the Center for State and Local Government said.
15 January 2010
•
Global
GLOBAL - Hedge funds have posted their best year since 1999, but the average manager is still marginally short of recouping losses suffered during the credit crunch.
15 January 2010
•
Mexico
MEXICO - Seven Mexican pension funds have invested a total of MXN3.42bn (US$268.6m) in the Macquarie Mexican Infrastructure Fund (MMIF), representing 66% of the fund's total assets under management.
15 January 2010
•
Defined Benefit
Professional Pensions has launched a online poll in a further expansion of www.professionalpensions.com
15 January 2010
•
Press
No more final salary pensions, says DSG as sales beat expectations; Millions set for council tax increases as black hole in local government pensions hits £60bn
15 January 2010
•
