News
Denmark
DENMARK - The DKK30bn (US$6.3bn) AP Pension is planning to allocate a further $20m to private equity fund ECP Africa, according to MandateWire.
10 July 2008
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Defined Benefit
BT has reassured members it will not close its defined benefit pension scheme to existing members, the Communication Workers Union says.
10 July 2008
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Press
Equitable policyholders face tough fight for £4bn claim; Strike threat over surplus in BBC pension scheme; Hermes starts move towards boutique funds
10 July 2008
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United Kingdom
UK - Pensions & Investment Research Consultants (PIRC) has urged Marks & Spencer (M&S) to separate its chair and chief executive roles, after large institutional investors voted against the re-election of Stuart Rose to the board of directors.
10 July 2008
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Canada
CANADA - Risk management is the key to dampen the 'rollercoaster' effect pension plan funding levels have experienced in recent times, according to Watson Wyatt.
10 July 2008
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Legislation
THE UK pensions industry needs to be wary of making simple comparisons between personal accounts and KiwiSavers, the Pensions Policy Institute urges.
10 July 2008
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Regulation
Insurers may have to restrict trustee liability cover if The Pensions Regulator's powers are extended, an expert warns.
10 July 2008
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Bulk Annuities
SCHEME buyouts are more affordable than any time in the last ten years, Pension Capital Strategies says.
10 July 2008
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US
US - Women need to save more than men to sustain their standard of living in retirement, a study by Hewitt has revealed.
10 July 2008
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United Kingdom
UK - The £500m (US$987m) London Borough of Barnett pension fund has placed a contract for an actuarial consultant out to tender.
10 July 2008
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