News
Defined Benefit
THE aggregate deficit of 7800 defined benefit schemes monitored by the Pension Protection Fund increased by £58.5bn in December.
13 January 2009
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US
US - Richard Schiffrin has come out of retirement to join litigation firm Grant & Eisenhofer in New York.
13 January 2009
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Press
Scheme deficits rise by 43pc in December; Pension Corporation takes on £230 Leyland scheme; GMG report highlights private equity failings
13 January 2009
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United Kingdom
UK - The aggregate deficit of 7800 defined benefit (DB) schemes monitored by the Pension Protection Fund increased by £58.5bn (US$85.1bn) in December.
13 January 2009
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Global
GLOBAL - Barclays Global Investors (BGI) has reported record inflows into its iShares exchange traded fund (ETF) platform during 2008 but warned investors were concerned with greater transparency over 2009.
13 January 2009
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Europe
EUROPE - The European Commission has decided to launch formal proceedings against US ratings agency Standard & Poor's for issues relating to its monopoly on the issuance of international securities identification numbers (ISIN).
13 January 2009
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US
US - Investment consultant Mercer has announced the appointment of Kimberly Plumber as the lead of its US implemented consulting business.
13 January 2009
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Bulk Annuities
The trustee of the 5000-member Leyland DAF Pension Scheme has insured the scheme's liabilities in a £230m buyout deal with Pension Insurance Corporation.
13 January 2009
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United Kingdom
UK - The trustee of the 5000-member Leyland DAF Pension Scheme has insured the scheme's liabilities in a £230m (US$334.4m) buyout deal with Pension Insurance Corporation.
13 January 2009
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Appointments
Charles Goddard has joined Pan Governance to set up a Nottingham regional office and grow the firm's services to both ongoing and discontinued schemes.
12 January 2009
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