News

EUROPE - Hedge fund managers' client base has become more institutional than retail over the past year - leading to an "insitutionalisation" of the industry, International Asset Management said.

US - Four private equity firms have agreed to return over US$4.5m to the New York State Common Retirement Fund (CRF) to resolve their roles in the ongoing investigation on alleged pay-to-play practices at the scheme.

AUSTRALIA - The median growth superannuation fund returned 3.2% in August, marking the sixth straight month of gains, said research firm Chant West.

Pension schemes to face 'quality mark'; BCC calls for pensions levy to be scrapped; SPC calls for end to annual rise in final salary pensions; British firms must find hundreds of millions for bosses' pensions

The latest Professional Pensions Conjecture debate - held today - looked at the key issues surrounding pension scheme longevity swap deals.

Hedge fund managers' client base has become more institutional than retail over the past year - leading to an "insitutionalisation" of the industry, International Asset Management says.

The National Association of Pension Funds has launched a quality mark for defined contribution schemes in a bid to recognise firms providing good schemes for their staff.

Personal accounts will heighten the risk of future mis-selling scandals should they be implemented in their current form, a Centre for Policy Studies report warns.

Hewitt Associates has hired Chris DeMarco to its UK investment consulting team as a senior consultant.

UK - The government has launched a consultation on plans to relax rules which force firms winding up a pension scheme as part of a corporate restructure or demerger to fully cover liabilities.