News
Canada
CANADA - The Ontario Municipal Employees Retirement System has announced that its strategic investment arm has bought the asset management arm of Guard Resources (GRL).
12 February 2009
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Global
GLOBAL - Fund managers have sharply conflicting views on how the current downturn will play out, Hewitt Associates says.
12 February 2009
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Canada
CANADA - Bell Canada Enterprises (BCE) has said it will double the funding of its pension plan due to poor asset performance.
12 February 2009
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Uncategorised
Three more schemes entered the Pension Protection Fund during last month, resulting in a further 745 people around the UK receiving compensation either now or in the future, the PPF reveals.
12 February 2009
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Netherlands
NETHERLANDS - APG, the Dutch pension fund investor with around €200bn (US$256.8bn) of assets under management, abstained from voting on the decision to sell parts of banking group Fortis to BNP Paribas, causing the motion to be defeated.
12 February 2009
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Employee Benefits
Real estate performance analysis provider IPD has launched an online flexible benefits scheme for its 200 employees.
11 February 2009
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Defined Benefit
The Pension Protection Fund levy ceiling will increase by 3.6% in 2009/10, a parliamentary paper reveals.
11 February 2009
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Investment
Standard Life has agreed to compensate around 97,000 customers who lost out when its Pension Sterling Fund fell by 4.8% last month.
11 February 2009
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Sweden
SWEDEN - AP1 will make 20 employees redundant and change its management model in an attempt to increase the focus on strategic asset allocation, which the fund considers its core activity.
11 February 2009
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Appointments
MERCER has appointed Pam Gregory to the new position of head of customer relations within its outsourcing business.
11 February 2009
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