News

EUROPE ­- Listed companies need better ways to communicate with long-term institutional and retail investors to avoid a continued outflow of funds from equity markets, EuropeanIssuers (EI) said.

US - Exactly one year after the largest corporate pension funds touted a 100% funded status, liabilities hit a record high while solvency levels swooped to 75% last month, according to data by Milliman.

UK - Standard & Poor's Ratings Services has downgraded its long-term debt rating for ITV because of a "ballooning" pensions deficit and poor first-half performance.

GLOBAL - Some 181 of the world's largest global investors have issued a joint call for policy makers to take "strong action" against climate change ahead of key negotiations to be held in Copenhagen this December.

The trustee of three Denso Manufacturing Midlands pension schemes has agreed a buyout with Pension Insurance Corporation.

Standard & Poor's Ratings Services has downgraded its long-term debt rating for ITV because of a "ballooning" pensions deficit and poor first-half performance.

Some 181 of the world's largest global investors have issued a joint call for policy makers to take "strong action" against climate change ahead of key negotiations to be held in Copenhagen this December.

UK/US - The Financial Services Authority and the US Securities and Exchange Commission are discussing approaches to reporting and other regulatory requirements for hedge funds and their advisers, the respective heads of the two organisations said.

The Financial Services Authority and the US Securities and Exchange Commission are discussing approaches to reporting and other regulatory requirements for hedge funds and their advisers, the respective heads of the two organisations say.

The National Association of Pension Funds has announced the elections of new members of its two main policy-making bodies.