News

US - Companies have been urged to consider their formula for matching contributions in 401(k) plans to encourage workers to save more.

Jenny Blinch talks to Eric Baggesen of CalPERS about the challenges of taking on the mantle of head of global equities at one of the world's largest pension funds

Including: AUSTRALIA - New South Wales may sell pension admin business; US - Boeing strike called off; US - MSCI launches Asia indices

FRANCE - A controversial amendment to the social security laws may allow employees to continue working until the age of 70.

Jenny Blinch talks to Christopher J. Ailman, CIO of CalSTRS, about the big investment themes of the next few years and the unique complexities of running a public fund in the US

GLOBAL - Small and mid sized pension funds that invest through commingled funds will be able to access transition management services allowing them to change investment strategy through a newly launched service by BNY ConvergEx.

DENMARK - The Danish central bank is opening a 30-year government bond to facilitate the Danish pension sector's hedging of liabilities.

US - The Pension Benefit Guaranty Corporation (PBGC) has set its maximum insurance benefit for 2009 at US$54,000, up from $51,750 in 2008.

Emma Oakman looks at the mounting problems of the securities lending industry and asks leading figures how it will weather the storm

GLOBAL - Nearly half of the investors in the recently closed US$1.5bn UBS International Infrastructure Fund are pension funds predominantly from the UK, continental Europe and the US.