News

US - The executive director of the US$4.7bn New Hampshire Retirement System (NHRS), Constance A. Donovan, has announced her resignation.

INDIA - Pension funds from around the world are now eyeing up investments in India due to fading interest in Europe and the US, according to industry experts.

NORWAY - The Government Pension Fund - Global has excluded Rio Tinto's equities from its portfolio, over concerns on the risk of contributing to "severe environmental damage" allegedly posed by the international mining group.

SPECIAL contributions to pension schemes have risen for the third year in a row as companies continue to address pension risk, a joint survey by Mercer and the Association of Corporate Treasurers reveals.

Trustees of the Inchcape Group (UK) Pension Scheme have appointed Punter Southall as actuarial advisers to the £200m scheme.

Workers in unfunded public sector schemes are paying less National Insurance than the private sector leaving the taxpayer with a £3.5bn bill, an expert claims.

Barclays Global Investors has appointed Deborah Fuhr to head up its newly created exchange traded fund research and implementation strategy team.

The aggregate funding position of the 7800 defined benefit schemes monitored by the Pension Protection Fund worsened to a £36.7bn deficit in August, figures show.

The £1.5bn Environment Agency Pension Scheme has appointed three fund mangers to run a £185m global equity brief.

Taxpayers face £3.5bn pensions bill; Pension regulator considers impact on scheme; Ill-defined authority will not protect pensioners; More UK companies turn to asset-based borrowing; Fannie Mae and Freddie Mac rescue sends global stocks soaring