News

AEGON is set to merge its asset management businesses to form one global organisation.

Heather Dale travels to Stockholm to investigate how Swedish pension funds, some of Europe's most sophisticated investors, are keeping ahead of the game

UK - More than half (62%) of UK workers believe means tested benefits could be a deterrent to saving in a pension, a survey from employee benefits provider B&CE Benefit Schemes has revealed.

SWITZERLAND - The CHF2bn (£989m) PKG has introduced a new strategy, increasing allocations to alternatives and international equities, while cutting back bonds in Swiss francs, according to MandateWire.

500,000 to miss out on pension top-ups; Pension funds slow to diversify; Efforts to prop up money purchase schemes 'failing'; Inflation could push pensions back into the red

UNITE is urging the government to make occupational pension schemes compulsory ahead of the next general elections.

CANADA - Henri-Paul Rousseau, president and CEO of the CAN$155bn (US$155bn) Caisse de dépôt et placement du Québec (Caisse), has announced he is to step down from his position, to pursue opportunities in the private sector.

Including: US - CalPERS' Baggesen talks investments; SWEDEN - AP7 divests from arms; AUSTRALIA - First Home Saver Account costs "insurmountable" for super funds

UK - The current surge of pension buy-outs is both unsustainable and temporary, a report from Punter Southall has claimed.

THE Pensions Management Institute has entered into a sponsorship deal with Xafinity Paymaster.