News

UK/IRELAND - The Accounting Standards Board is currently sounding out opinion on proposed changes to accounting standards for UK and Irish companies.

GLOBAL - Pension schemes are still eyeing opportunistic investments despite the severity of the current crisis, asset managers say.

Pension schemes are starting to expand their risk management practices to include non-financial, operational and strategic risks, Aon consulting claims.

EMI trustee pushed out in discord over pensions

The Accounting Standards Board is currently sounding out opinion on proposed changes to accounting standards for UK and Irish companies.

Trustees considering implementing fiduciary management must be on their guard to ensure they get the best deal for their scheme needs, AllenbridgeEPIC warns.

The remit of the personal accounts trustee board appears to give "unfettered power" to the scheme trustees, Bluefin warns.

Pension schemes are still eyeing opportunistic investments despite the severity of the current crisis, asset managers say.

GLOBAL - Sovereign wealth funds will refocus on liquidity and re-evaluate the allocations of their combined US$3.2trn in assets, particularly their exposure to risk assets, as they emerge from the global financial crisis, a State Street panel said.

AUSTRALIA/US - Macquarie Group has agreed to acquire US asset management firm Delaware Investments in a bid to become a more global player.