News

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

UK - The National Association of Pension Funds (NAPF) has welcomed the government's consultation on risk sharing for pension schemes, but called for greater flexibility on plan design in a research paper.

UK - Barclays Global Investors (BGI) has appointed Deborah Fuhr as head of exchange traded fund (ETF) research and implementation strategy.

GLOBAL - The majority of pension funds view sovereign wealth funds (SWFs) as innovative and ground-breaking investors rather than as competition, show the results of the latest Global Pensions 100 Panel.

ROMANIA - The private pensions regulator of Romania, the CSSPP, has fined more than a third of the country's private pension brokers.

GLOBAL - An unequivocal majority of pension funds have refuted the claim "equities are dead" in the most recent Global Pensions 100 Panel.

UK - The cost of public sector pension liabilities is expected to soar to £1trn ($1.7trn), a pensions expert warns.

UK - Public sector workers are paying less National Insurance (NI) than the private sector leaving the taxpayer with a £3.5bn ($6bn) bill, a former Downing Street adviser warns.

NETHERLANDS - APG Group's ambitions to take on the international market have been welcomed by the Dutch pensions industry, but with a warning that it must take some risks in order to achieve success.