News

GERMANY - German institutional investors are increasingly moving their focus from direct real estate investments to property funds, according the INREV, the European industry body representing investors in non-listed real estate funds.

The British Heart Foundation has appointed Gissings to provide consultancy advice for its group personal pension plan.

Canadian pension fund tries to show it is best; Pension fears knock for Northern Foods despite 21% advance; Treasury struggles with Northern Rock valuation for shareholders

The third Professional Pensions Conjecture debate-chaired by Professional Pensions editor Len Roberts...

US - The $247bn California Public Employees' Retirement System (CalPERS) has appointed Eric Baggesen as senior investment officer for global equity.

Pension schemes are increasingly using online tools to communication with members, a Capita Hartshead survey reveals.

BAE Systems has moved to dismiss a court case filed by the Michigan City of Harper Wood Employees Retirement System over allegations of bribes paid to a member of the Saudi Arabian royal family in exchange for securing lucrative arms contracts, claiming...

FundQuest, the multi-manager owned by BNP Paribas, has confirmed to Global Pensions it is considering unbundling its fee structure, following on from the recent acquisition of UK based IMS.

In the US, the National Institute on Retirement Security (NIRS) has warned defined contribution (DC) plans are inherently more vulnerable to economic hardship and deliver significantly less secure retirement benefits than defined benefit (DB) schemes....

UK - A majority of trustees are bullish about the long term prospects for their pension schemes, with over half (58%) of those currently in deficit believing they will be in surplus in a decade, according to research from Aon Consulting.