News

The Local Authority Pension Fund Forum has called on its members to oppose the remuneration report of US-based asset manager T. Rowe Price.

The Pension Protection Fund is considering raising its levy during periods of economic stability to offset lower payments during a recession, its new chief executive says.

US-based hedge fund manager GLG Partners has completed the acquisition of Société Générale Asset Management UK, the French bank's UK long-only business in a US$6.7m (£4.5m) deal.

Annuity returns have dropped significantly during the last month, showing level annuity returns are coming under pressure, Alexander Forbes Annuity Bureau says.

Top Conservative MPs, including leader David Cameron, have signed an early day motion calling for a set of pensions regulations to be annulled.

Employers cannot afford to ignore the costs associated with deferred members of defined contribution schemes who have left the company, Towers Perrin says.

Pensions body seeks to change to payments; A man seeking favourable benefits; UK schemes seen switching to bonds; Paltry pension rise; Co-op asset managers warn against executive pay rises

US - The overall funding position of US corporate defined benefit (DB) pension plans rose during the first quarter of 2009, according to UBS Global Asset Management.

UK/US- Ulrik Walther has joined Pyramis Global Advisors, Fidelity Investment's institutional arm, as senior vice president and head of Europe, Middle East and Asia sovereign institutional business.

US/UK- US-based hedge fund manager GLG Partners has completed the acquisition if Société Générale Asset Management UK (SGAM UK), the French bank's UK long-only business in a £4.5m deal (US$6.7m).