News

Almost nine out of 10 people think the government is not doing enough to encourage people to save for their retirement, Hymans Robertson research shows.

Banking on a pension?; Fair value accounting is only part of the answer

Xafinity Consulting has launched a multi-employer master trust which it claims combines the governance of a trust-based scheme with the low-costs associated with contract-based arrangements.

Balanced pooled funds strengthened in July with a median return of 6.2%, figures from BNY Mellon Asset Servicing show.

GLOBAL - HSBC has unveiled its first European ETF, the HSBC FTSE100, which is listed on the London Stock Exchange.

US - The Pension Benefit Guaranty Corporation (PBGC) reached an agreement with Western Union Financial Services aimed at strengthening the funding of the company's retirement plan.

THE NETHERLANDS - Pension fund investor APG has appointed Angelien Kemna as chief investment officer of APG and chief executive of APG Asset Management.

US - Fitch Ratings has downgraded the rating assigned to the Credit Enhancement Programme (CEP) sponsored by the California State Teachers Retirement System (CalSTRS) to AA+ from AAA.

AUSTRALIA - Australians could be better off in retirement if the superannuation industry adopts a whole-of-life investment outlook, according to Mercer.

The Walthamstow Stadium Limited Retirement Benefits Scheme has completed a £19m buyout deal with Pension Insurance Corporation.