News

CANADA - Caisse de dépôt et placement du Québec has completed a US$5bn debt offering in what it called the largest non-government guaranteed offering by a Canadian issuer in US dollars.

The Pensions Archive Trust has formally launched a national schools competition on pensions for pupils aged between 16 and 18 years-old.

UK - Institutional investors will have to sign up to a stewardship code as part of Sir David Walker's reforms on bank pay and governance as shareholders.

CHINA - Anthony Bolton will return to funds management and has committed to at least two years running Fidelity's new China fund.

Friends Provident has won the Gold Standard Award for Group Pensions.

Pensions minister Angela Eagle was forced to defended the government's anti-forestalling regulations after Robin Ellison said they will cause the tragic disintegration of occupational pensions.

BMI cuts 600 jobs and final salary pension; Vodafone to close pension scheme to 4000 workers

The Institutional Shareholders' Committee code on the responsibilities of institutional investors - which will be converted into principles of stewardship, ratified and sponsored by the Financial Reporting Council, as a result of the Walker review - is...

Institutional investors will have to sign up to a stewardship code as part of Sir David Walker's reforms on bank pay and governance as shareholders.

US - Alternatives manager Apollo Global Management announced it received US$750m from a US public pension fund to create a separately managed account (SMA), and said it expects institutional interest in SMAs to continue to grow.