News

UK - Action on pensions will influence voting preferences in key marginal seats, union Unite has warned the government.

Soros says commodity indices not legitimate asset classes for pension funds; Aegon changes focus; Float of EDP renewable energy unit emerges as Europe's biggest this year; Bradford & Bingley investors incensed over cut-price sale of stake to TPG Capital...

THE National Pensioners' Convention has called on ministers to raise the basic level of state pension to above the poverty level of £134 a week.

SOME 45pc of employers are likely to auto-enrol all employees into their company pension schemes before personal accounts are introduced, Capita Hartshead research finds.

SWITZERLAND - The number of defined benefit (DB) schemes have fallen 7% in two years, according to the latest Swiss Pension Survey by Hewitt.

THE Devon County Council Pension Fund has gone out to tender for three mandates worth a total of £580m.

SWITZERLAND - Sustainable Asset Management (SAM) Group, investment advisers to the Sustainable Performance Group (SPG), has announced the launch of CHF denominated sustainability convertible bonds for institutional investors, including pension funds....

US - The US$243bn California Public Employees' Retirement System (CalPERS) has urged shareholders of Dollar Tree Stores to support its proposal for annual board elections.

BARNETT Waddingham has promoted Andrew Roberts, Ed Spencer and Nick Griggs to partners.

UK - Devon County Council has placed £580m (US$1.14bn) out to tender, split between three specialist active portfolios.