News
Uncategorised
Employers are failing to help employees understand the financial health of their pension scheme, JLT Benefit Solutions says.
17 March 2009
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Admin / Technology
Michael Kirk & Partners has added an all-inclusive fee proposition to its administration range.
17 March 2009
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Germany
GERMANY - The German state pension is set to rise this year, for the first time since 2006.
17 March 2009
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United Kingdom
UK - Universities Superannuation Scheme chief investment officer Peter Moon is to retire from the £23bn (US$32.2bn) scheme early next year.
17 March 2009
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Investment
Friends Provident made a loss of £871m during 2008 as individual pensions and protection sales plummeted, and new investment business was almost wiped out.
17 March 2009
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US
US - New Jersey local government employers will have the option to defer a portion of their annual pension contribution to the Public Employees' Retirement System (PERS) and the Police and Firemen's Retirement System (PFRS) for one-year.
17 March 2009
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United Kingdom
UK - The Cardiff and Vale of Glamorgan Pension Fund had appointed Mesirow Financial Currency Management and Goldman Sachs Asset Management to manage a £40m active currency mandate.
17 March 2009
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US
US - The California Public Employees' Retirement System had estimated its total fund risk has doubled over the past year.
17 March 2009
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Spain
SPAIN - Fonditel, the pension fund manager for Spanish telecoms giant Telefónica, is reviewing ways it can reposition the firm in order to boost returns going forward.
17 March 2009
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US
US / IRELAND - The US$155bn New York State Common Retirement Fund (CRF) will invest up to $30m in Northern Ireland, as part of a new private equity programme.
17 March 2009
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