News
US
US - The California Public Employees' Retirement System (CalPERS) programme to help pension fund members buy and refinance homes almost tripled in size last year.
23 March 2009
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Defined Contribution
Friends Provident has implemented an industry-wide open market option system in a bid to speed up the payment of transfers to annuity providers.
23 March 2009
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Uncategorised
There needs to be a proper debate between government and taxpayers about the long term affordability of public pensions, independent consultant John Ralfe says.
23 March 2009
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Netherlands
NETHERLANDS- ING Group plans to contribute €1.8bn into its pension fund, nearly triple the amount it contributed in 2008.
23 March 2009
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United Kingdom
UK - There needs to be a proper debate between government and taxpayers about the long term affordability of public pensions, independent consultant John Ralfe says.
23 March 2009
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US
US - The San Diego County Employees Retirement Association (SDCERA) has launched a search for a new chief investment officer.
23 March 2009
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China
CHINA - Robeco has teamed with TEDA International - a Chinese private equity company wholly owned by the Tianjin Government - to form a joint venture clean-tech private equity firm.
23 March 2009
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South Africa
SOUTH AFRICA - The R786bn (US$83.2bn) Public Investment Corporation (PIC), which manages pension fund assets on behalf of the South African government, has announced it is to shift R65bn to black African fund managers.
23 March 2009
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Iceland
IRELAND- Goldman Sachs and Morgan Stanley have partnered to launch a range of ETFs under the name of Source. The range has recently received approval from the Irish Financial Services Regulatory Authority for the listing of 50 ETFs.
23 March 2009
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US
US - Massachusetts governor Deval Patrick has launched a number of pension reform proposals aimed at "closing loopholes, ending abuses and restoring the public's trust in state and municipal retirement systems".
23 March 2009
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