News

Just Retirement saw sales fall 8.6% in the six months to December 31, its half-year results published today.

Including: CANADA - Plans consider London airports bid; NETHERLANDS - No extension to recovery plan deadlines; US - TIAA-CREF mulls Sudan divestment; US - Schemes settlement against Ernst and Young

Last year, Professional Pensions and Friends Provident teamed up to find out what changes you would make if you were running the department for work and pensions.

CANADA - The Canada Pension Plan Investment Board (CPPIB) has announced plans to issue up to CAN$5bn (US$4.04bn) in debt over the next two years to help it fund investments in illiquid assets.

EUROPE - BlackRock is poised to make acquisitions in France or Italy, or potentially of an SRI player, within the next 12 months, Global Pensions has learned.

CANADA - The Ontario government plans to introduce legislation that would allow the Ontario Teachers' Pension Plan to run money for smaller pension funds and institutional investors in the public sector.

Additional security measures such as ring-fenced or collateralised assets will be crucial to the success of future pension scheme buy-in deals, Hymans Robertson says.

Bosses must engage with their employees during the auto-enrolment process to prevent people passively falling into occupational provision in 2012, The Pensions Regulator says.

Two-thirds of scheme managers believe the Pension Protection Fund's move to allow companies to stagger or defer risk-based levy payments is welcome.

NETHERLANDS - Ex-Compendeon Pension and Investment Management chief executive Erik van Dijk is in talks with an Asian investor to finance his newly created advisory and consultancy business Lodewijk Meijer.