News
US
US - Insurance and investment giant, American Insurance Group (AIG), has been partially nationalised by the US Federal Reserve after an emergency cash injection of $85bn to avoid a "disorderly failure" of the institution.
17 September 2008
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Global
Including: UK - P-Solve appoints investment officer; AFRICA - New fund launch; KOREA - Barings establishes Seoul office
17 September 2008
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Ireland
IRELAND - The total pension accounting deficit for Irish based ISEQ quoted companies has risen dramatically by 66% from 2007 levels, a study by new firm Attain Consulting has revealed.
17 September 2008
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US
US - In the latest twist to the pension fund divestment saga, the blacklist has broadened to include Israel, targeted by a group of US activists demanding the Seattle Employees' Retirement System (SERS) divest from companies involved with Israeli occupied...
17 September 2008
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Italy
ITALY - The Italian supervisory commission on pension funds (COVIP) has signed a framework agreement of collaboration with the Guardia di Finanza (GdF), in order to put in place legal provisions for the protection of savings.
17 September 2008
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US
US - Credit Suisse has reached a settlement agreement with the Attorney General of the State of New York and the North American Securities Administrators Association Task Force to repurchase at par auction rate securities (ARS) held by investors.
17 September 2008
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Uncategorised
The Pensions Regulator has gone out to tender for at least five specialist consultants to assist with its new services framework.
16 September 2008
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Defined Benefit
Costs of the John Lewis defined benefit pension scheme increased by £8m last year denting company profits, its interim results show.
16 September 2008
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Regulation
The government has clarified Local Government Pension Scheme ill-health regulations after scheme managers raised concerns over the number of possible appeals.
16 September 2008
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