News
Japan
JAPAN - Japanese pension funds will decrease their home equity bias in light of weak home-country equity returns, a consultant predicted.
11 January 2010
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Defined Benefit
Northern Rock has denied reports it shifted its £368m pension scheme into its "bad bank" side to facilitate a speedy sale of the good part of the business.
11 January 2010
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Defined Benefit
Towers Watson has confirmed who will take senior UK positions following the completion of the merger between Watson Wyatt and Towers Perrin last week.
11 January 2010
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Defined Benefit
Apache and FirstGroup have outsourced their pension investment decision making to Mercer's implemented consulting practice.
11 January 2010
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Europe
EUROPE - Business model alignment with Ucits IV will compel companies to improve their operating models, Ernst &Young said.
11 January 2010
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Press
Manager switching to persist; Consultants' twist on DC problematic; Surge in demand for retirement advice; Harman announces plan to end compulsory retirement; Northern Rock moves pensions to help sale
11 January 2010
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Defined Contribution
People should be allowed to carry on working into their 70s and 80s, according to Harriet Harman.
11 January 2010
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US
US - TCW has sued its former investment chief Jeffrey Gundlach for allegedly stealing proprietary information in order to form his own firm, DoubleLine Capital, and alleged Gundlach stored pornographic materials and drugs at work.
08 January 2010
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Defined Benefit
PP 100 - More than seven tenths of pension managers believe scheme closure is not the best way to deal with increasing pension fund deficits.
08 January 2010
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Admin / Technology
Pension administrator rpmi has been appointed to administer the pension schemes for Forbo Flooring UK following a tender process.
08 January 2010
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