News
Investment
The £6.5bn West Midlands Pension Fund is set to significantly reduce its allocation to equities following the completion of a wide-ranging investment review.
06 February 2009
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Investment
Trustees of schemes hit by the drop in value of Standard Life's Pension Sterling Fund have approached their legal advisers after member complaints.
06 February 2009
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US
US - Stricken automobile manufacturer Ford may be forced to make a US$4bn contribution to its pension scheme.
06 February 2009
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Sweden
SWEDEN - The SEK320bn (US$38.9bn) Swedish AMF pension fund has confirmed it is to cut discretionary pension increases.
06 February 2009
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Regulation
The Financial Services Authority has launched a suitability template on pension switching advice as part of an industry-wide review.
06 February 2009
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US
US - Putnam Investments has named Edmund Murphy as its new managing director and head of defined contribution.
06 February 2009
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Uncategorised
ROYAL London has revealed a 17% increase in new life and pensions business during 2008.
06 February 2009
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US
US - The US$174bn California Public Employees' Retirement System (CalPERS) has announced it is to close for two days a month as part of a state-wide cost saving scheme.
06 February 2009
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Global
Including: UK - Hammersmith tenders for new consultant; SWITZERLAND - Cantons reject full coverage for public funds; US - Funds sue UBS over fraud claims
06 February 2009
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Absolute Return Funds
In the first of a new series of bi-monthly interviews with scheme managers, ANDREW SHEEN speaks to West Midlands Pension Fund director of pensions BRIAN BAILEY about how the credit crunch has accelerated changes in the £6.5bn fund's investment strategy...
06 February 2009
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