News

INCLUDING: NETHERLANDS - Mn Services and Syntrus Achmea alliance; UK - Duke Street Capital contributes to Focus pension scheme; US - Corporate DB provision on the wane; UK - Trustee toolkit seen as a positive

UK - Special pension scheme contributions to defined benefit schemes have risen for the third consecutive year, as companies continue to address pension risk, according to Mercer.

Risk sharing will not save defined benefit pension schemes but rather streamline them for future buyouts, the GMB says.

UK - The exchange traded fund (ETF) market is set to pass the US$1trn mark next year, but greater investor understanding of the different types of ETF vehicle available is needed, iShares has said.

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.