News

CANADA - The Ontario Teachers' Pension Plan has acquired CTVglobemedia's remaining 7.7% stake in Maple Leaf Sports and Entertainment (MLSE), owner of several sports franchises including hockey league Toronto Maple Leafs.

US - Six firms have agreed to calls by the California State Teachers' Retirement System for greater diversity in their board of directors.

More than two-thirds of scheme managers believe schemes need to do more to protect member data and prevent confidential details from being lost or stolen.

The International Accounting Standards Board has issued the official draft of its proposal to eliminate the use of government bonds to determine discount rates.

Stakeholder pensions 'near the end of their shelf life'; Growing deficits in British company pension funds are a ‘beast that cannot be tamed'; Pensioners left unprotected - again

Barclays UK Pension Fund has appointed Andre Konstantinow as head of manager selection.

Jenna Towler talks to pensions minister Angela Eagle about the progress of the reform agenda and the future of defined benefit provision

GLOBAL - The United Nations Principles for Responsible Investment (UNPRI) said today three signatories, including the New York State Teachers' Retirement System (NYSTRS), have decided not to participate in the programme.

US - The California Public Employees' Retirement System has filed legal action for judicial review of the state's furlough programme.

GLOBAL - Sovereign wealth funds (SWF) may decide to purchase special drawing rights (SDR)-denominated bonds, creating a wider market for the instrument some have touted as the alternative to the US dollar as the reserve currency.