News
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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Defined Benefit
Around half of all pension schemes are unaware of how current market conditions are affecting their funding status, Punter Southall research reveals.
23 March 2009
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US
US - Mercer has launched a long-duration investment grade credit strategy as part of its initiative to help plan sponsors who are seeking to reduce the funded status volatility of their pension plans.
23 March 2009
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Uncategorised
Most advisers are blaming the complexity of the pension transfer process for the length of time it takes.
23 March 2009
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Appointments
JLT Benefit Solutions has appointed Mark Adamson as a client director working across its administration services.
23 March 2009
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Sweden
SWEDEN- Ingvar Skeberg, former executive vice president at Swedish pension provider AMF is no longer at the firm after he admitted to moving his capital out of the traditional insurance plan ahead of pension dividend cuts.
20 March 2009
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India
India - The public launch of the New Pension Scheme has been delayed because of impending elections.
20 March 2009
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US
US - The Securities and Exchange Commission (SEC) has charged two former officials at the New York State Common Retirement Fund (CRF) with fraud and accepting kickbacks for soliciting investments.
20 March 2009
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Australia
AUSTRALIA - Vanguard Investments Australia is set to launch a range of exchange-traded funds (ETFs) for Australian investors.
20 March 2009
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