News

UK - The trustees of the £1.3bn (US$) Thales pension scheme, have appointed Cardano as investment adviser.

INCLUDING: UK - Cardano wins Thales UK Pension Scheme mandate; GLOBAL - Global investor confidence falls; UK - Govt urged to provide PA default option; UK - LPFA tenders for actuary

OVER 25pc of UK pension funds plan to invest in commercial property despite recent market turbulence, a PRUPIM report reveals.

THE West Ferry Printers Pension Scheme has insured its pensioner liabilities in a £130m buy-in deal with Norwich Union.

Pension risk up on hedge worries; Further fall in staff with final salary pensions; Pensions regulator softens stance; Pensioners lose key battle against retirement at 65; Rescue for 2,000 Lehman staff as Nomura buys two units; Hedge fund Man to lobby...

NEW ZEALAND - The Guardians of New Zealand Superannuation have said they will avoid any "knee-jerk" reactions, despite the negative results that will be reported next week.

UK - The West Ferry Printers Pension Scheme trustees have agreed to a £130m (US$241m) buy-in deal with Norwich Union.

UK - Industry commentators have broadly welcomed the Pensions Regulator's decision to scrap plans to use mortality assumptions as a funding trigger.

AUSTRALIA - The Australian government has eliminated double superannuation in Australia and Germany.

UK - Pension fund commitment to commercial real estate has remained undimmed despite market turbulence, latest research shows.