News
Investment
RBS shut down its transition management business last week, Professional Pensions can reveal.
16 January 2009
•
Defined Contribution
The Pensions Advisory Service has questioned the quality of defined contribution information given to members after a surge in calls to its helpline.
16 January 2009
•
Mandates
The procurement process for the personal accounts administration contract has started.
16 January 2009
•
US
US- Frank Foy, the former CIO at the New Mexico Educational Retirement Board, has filed a lawsuit alleging he was pressured to invest in worthless securities run by money managers that had made political contributions to state governor Bill Richardson....
16 January 2009
•
Uncategorised
TWO independent consultants have launched a service aimed at helping trustees meet governance objectives on record keeping.
16 January 2009
•
US
US- The NYC Pension Funds are calling on nine companies to provide more shareholder say and performance-based criteria in the compensation packages given to corporate executives.
16 January 2009
•
Global
GLOBAL - Last year was the second highest fundraising year in the history of the private equity industry, with US$554bn of aggregate capital and 768 funds raised globally, data by Preqin reveals.
16 January 2009
•
US
US - The Pension Benefit Guaranty Corporation (PBGC) shaved almost US$3bn off its deficit in 2008, according to its 2008 annual report.
16 January 2009
•
Australia
AUSTRALIA - The government is considering providing an optional capital gains tax roll-over for superannuation funds that merge with other complying funds in a bid to help reduce costs.
16 January 2009
•
US
US - Congress must enact further legislation to help firms stabilise pension schemes hit by falls in asset values. Hewitt has urged.
16 January 2009
•
