News

The Pensions Regulator has launched an online scheme maintenance system to improve communication between schemes and the organisation.

TD Waterhouse introduced five new benefits to its flexible benefits package at its first annual review.

SWITZERLAND - Only half of Swiss pension funds are hedging their currency exposure, according to Lusenti Partners' Swiss Institutional Survey.

THE YMCA Pension and Assurance Plan has appointed Xafinity to improve services for its 1700 members.

AUSTRALIA - The government has put back the date superannuation unclaimed by temporary foreign workers will be transferred to its coffers or a separate super fund.

UK - The £30bn (US$58.7bn) Universities Superannuation Scheme (USS) has announced a substantial allocation to Climate Change Capital (CCC).

JAPAN - Japan has made a reappearance on pension funds' radars, with asset managers reporting higher inflows to equity funds investing in the country.

Including: US - Yahoo! shareholders amend class action; UK - Aberdeen acquires Goodman Property Investors; US - Citi and StateStreet sell CitiStreet; ITALY - Parmalat settles with Hermes; US - CalPERS CEO sets retirement date; UK - Xafinity wins YMCA...

UK - The Strathclyde Pension Fund will be reviewing all its investment managers this year to make sure their strategies are in line with its socially responsible guidelines.

ABERDEEN Asset Management has bought Goodman Property Investors in a deal worth up to £109m.