News
Socially Responsible Investing
FRANCE - France's reserve fund the Fonds de Réserve (FRR) pour les Retraites has terminated Dexia Asset Management from a socially responsible investment (SRI) mandate due to poor performance.
04 January 2010
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North America
US - Goldman Sachs Asset Management said it would not raise the base fee on its Global Tactical Asset Allocation fund back to its original level until the start of next year.
04 January 2010
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Consultants
Towers Perrin and Watson Wyatt have completed their $4bn (£2.47bn) merger, creating their new firm Towers Watson.
04 January 2010
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Defined Contribution
More than a quarter of employees are worried about their company pension scheme's performance or have opted not to join it over performance fears, research shows.
04 January 2010
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Defined Benefit
Millions could retire into poverty unless the government establishes a standing commission to address inadequate private sector pension provision, the Association of Consulting Actuaries warns.
04 January 2010
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US
US - Towers Perrin and Watson Wyatt have completed their US$4bn merger, creating their new firm Towers Watson.
04 January 2010
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Defined Benefit
Defined benefit schemes experienced an increase of more than £170bn in total deficits in 2009, marking the worst year on record, Pension Capital Strategies says.
04 January 2010
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United Kingdom
UK - Defined benefit schemes experienced an increase of more than £170bn (US$275.2bn) in total deficits in 2009, marking the worst year on record, Pension Capital Strategies said.
04 January 2010
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Press
Business to cut pension benefits as final salary schemes die out; Your pensions policy is failing ministers told
04 January 2010
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Defined Contribution
The current rules and regulations surrounding retirement income are ‘not fit for purpose' according to the Association of British Insurers.
04 January 2010
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