News

INCLUDING: US - ERISA case resolved; DENMARK - Laerernes Pension appoints portfolio manager; UK - Barings appointments

UK - Paternoster's business growth of 550% over the past year has helped reinforce sentiment the buyout market continues to gain ground.

COMPUTING giant IBM and the Carbon Disclosure Project have jointly launched a best practice guide for company managers.

EUROPE - The European Federation for Retirement Provision (EFRP) has joined opposition to Accounting Standard Board's proposals to change the way pension fund assets and liabilities are calculated and reported.

UK - The Carbon Disclosure Project (CDP), in collaboration with IT giant IBM, has launched a best practice guide for company managers following a lengthy consultation with industry.

UK - The London Borough of Camden and Buckinghamshire County Council have placed contracts out to tender worth between £880m and £1.3bn (US$1.77bn-$2.6bn).

SMALL self-administered schemes will benefit from changes to the law which permit self-investment of protected rights, Hornbuckle Mitchell says.

THE aggregate funding position of the 7800 defined benefit schemes monitored by the Pension Protection Fund worsened in June, figures show.

AEGON director of pensions development Stewart Ritchie is set to retire at the end of this month.

Proposal for pension annuity reform; Equitable Life draws up bidder shortlist; Advent launches convertible bond fund