News

MERCER has appointed Brian Kite as a senior consultant within its investment consulting business.

THE Pensions Regulator has published its annual report for the past financial year and highlighted its online scheme and exchange service as a key success.

INDEPENDENT trustee firms could form an alliance to challenge HM Revenue & Customs over VAT charges, a law firm says.

UK - Amendments to the UK Pensions Bill will 'kill off' investments in businesses with defined benefit schemes, Simon Walker, chief executive of the British Venture Capital Association (BVCA) has claimed.

GLOBAL - Large asset managers have started shifting to segregated structures after realising the benefits of being multi-boutique, according to Fitch Ratings.

EUROPE - The debate on the leading location to domicile pan-European pensions has been reignited following the release of a prospectus by the Belgian government promoting the country.

SOUTH AFRICA - Leading figures in the South African pensions industry have called for confidence to be restored in the country's pensions system, following a series of scandals.

AN online service to raise the standard of trustee board performance has been launched by Muse Advisory.

US - Presidential candidate John McCain's adviser on pensions has warned the US faces a potentially catastrophic economic scenario unless workers can be encouraged to save more for their retirement.

US - The US$171bn California State Teachers' Retirement System (CalSTRS) has committed to almost double its climate change investments and increase the diversity of its manager portfolios.