News
Chile
CHILE - The value of foreign investments of Chilean pension schemes posted in December 2008 a year-on-year decline of 37.9%, mainly due to asset values drops, Chilean pension watchdog Superintendencia de Pensiones has found.
20 February 2009
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Investment
LOCAL authority pension funds have may be approached as possible sources of capital to rebuild and renovate school buildings, Partnership for Schools (PfS) has confirmed.
20 February 2009
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US
US - The California Public Employees' Retirement System's (CalPERS) board of administration has re-elected Rob Feckner to a fifth term as the plan's president and George Diehr as its vice president for a second year.
20 February 2009
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United Kingdom
UK - Local authority pension funds have may be approached as possible sources of capital to rebuild and renovate school buildings, Partnership for Schools (PfS) has confirmed.
20 February 2009
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Netherlands
NETHERLANDS - The Dutch pensions regulator De Nederlandsche Bank (DNB) has dismissed reports of an extended recovery period for under-funded schemes as 'rumours'.
20 February 2009
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Sweden
SWEDEN - A cut in equity allocations over the past 18 months helped stave off investment losses for AMF, the SEK289bn (US$33bn) Swedish pension fund, in 2008.
20 February 2009
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US
US- North Carolina's state and local governments should prepare to help keep the state's pension system fully funded.
20 February 2009
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Bulk Annuities
The buyout market is set to achieve transaction volumes between £8bn and £10bn despite a slow start of the year, Pension Capital Strategies claims.
20 February 2009
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US
US- The Securities and Exchange Commission yesterday named Robert Khuzami, a former federal prosecutor with a history of prosecuting high profile white collar criminals and terrorists, as director of enforcement.
20 February 2009
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Appointments
MERCER has appointed Claire Ross and Andy White to its UK benefits outsourcing business, as part of a plan to boost its service.
20 February 2009
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