News

UK - Local authority pension schemes will miss out on a good governance opportunity if draft proposals from Communities and Local Government (CLG) are introduced, Mercer warns.

INCLUDING: NETHERLANDS - PGGM appointment; UK - Grant Thornton private equity warning; US - CalSTRS seeks consultant; IRELAND - NPRF awards mandate to Principal

GLOBAL - Sustainable Asset Management (SAM) Group, Dow Jones Indexes and Stoxx have released results of the latest review of its sustainability indices.

NETHERLANDS - The €246m (US$355.6m) Dutch oil company pension fund Stichting Total Pensioenfonds sold its entire commodities portfolio earlier this year to capitalise on the profits it generated, chief investment officer Antoine Dellaert has revealed...

Government research which concluded there is little employer appetite for shared risk pension schemes is "flawed", a consultant says.

More than half of the UK's biggest equity pension funds have underperformed the FTSE All-Share for around 10 years, Hargreaves Lansdown research reveals.

A total of 3597 members from 15 pension schemes were transferred into the Pension Protection Fund in August.

GMB has called on the government to pull the plug on energy regulator Ofgem after it proposed to change utility workers pension provision.

Union targets Ofgem in row on pensions; Dunlopillo calls in administrators; Potter printer axes final salary scheme; Pound sinks 10pc on the dollar in a month lifting costs for industry; Oil falls as signs of slowdown begin to spread

THE trustee of the Cable & Wireless Superannuation Fund has bought out its pensioner liabilities in a bulk annuity buy-in worth over £1bn.