News
Mandates
The £600m London Borough of Lewisham Pension Fund is re-tendering the contract for its independent investment adviser.
15 December 2008
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Defined Benefit
The Confederation of British Industry has called for the "Turner-style" independent commission to investigate the full extent of public sector pension liabilities.
15 December 2008
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Bulk Annuities
Trustees of the Thorn pension fund have completed a £1bn buyout transaction with Pension Insurance Corporation.
15 December 2008
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United Kingdom
UK - Trustees of the Thorn pension fund have completed a £1bn (US$1.5bn) buyout transaction with Pension Insurance Corporation.
15 December 2008
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Appointments
NEWTON Investment Management has restructured its fixed income investment team in a bid to enhance its research process.
15 December 2008
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Hedge Funds
AN alleged fraud by Bernard Madoff highlights a "fundamental lack of transparency" within the hedge fund industry, Inalytics warns.
15 December 2008
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Global
GLOBAL - An alleged fraud by Bernard Madoff highlights a "fundamental lack of transparency" within the hedge fund industry, Inalytics warns.
15 December 2008
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US
US - The Pension Benefit Guaranty Corporation (PBGC) has started official proceedings to terminate and protect the Lehman Brothers pension scheme.
15 December 2008
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Global
ISRAEL - The Israeli cabinet is set to assist pensioners whose savings been affected by recent market turmoil.
15 December 2008
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Ireland
IRELAND - The Irish government has announced a recapitalisation programme for national credit institutions of up to €10bn (US$13.5bn), which could be funded by the National Pensions Reserve Fund (NPRF).
15 December 2008
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