News

UK - The use of derivatives by UK pension funds to hedge risk has fallen significantly in 2008 because of the ongoing credit crisis, Watson Wyatt has said.

SWITZERLAND - Eight Swiss pension funds along with institutional investors' association Ethos have today filed a shareholder resolution at the annual general meetings (AGM) of the five largest Swiss listed companies.

Including: SWITZERLAND - SAM founder and CEO quits; UK - Firm's appetite for pension risk on the wane; US - CB Richard Ellis chairman to leave

COMPANIES are becoming reluctant to continue accepting pensions risk, PricewaterhouseCoopers said today.

ITALY - Italian regulators are set to review current rules which prohibit pension funds from investing in hedge funds, following the decision by the government's Treasury department to launch a public consultation on a draft regulatory document by the...

AUSTRALIA - The government has released draft legislation on the disclosure of covered short positions in the Australian financial markets.

UK - Mortality assumptions will not be used as a primary trigger for funding plans, The Pensions Regulator said today.

GLOBAL - Aging populations and changing mortality assumptions are the greatest threat to the long term viability of pension schemes, major consultants have again claimed.

MORTALITY assumptions will not be used as a primary trigger for funding plans, The Pensions Regulator says.

US/ASIA - Barclays Capital has been given permission to re-open several business divisions of Lehman Brothers, including its fixed income and equity trading desks and strategically important indices business.