News

GLOBAL - Workers have not made enough efforts to plan for retirement and risk running out of money, according to research by MetLife.

GLOBAL - Mercer, State Street Corporation and Ermitage have added to their pensions staff.

UK - The Universities Superannuation Scheme (USS) has committed $600m to private equity investments in North America through Constitution Capital Partners (CPP) and taken a 10% stake in the firm.

THE Universities Superannuation Scheme has increased its alternative asset allocation with a $600m (£300m) investment in US private equity.

Aon Consulting is relaunching its third-party pensions administration business to raise awareness about its services.

UK - FTSE has launched an Environmental Opportunities All-Share Index, designed to benchmark companies with a 'significant' involvement in the environmental technology and exposure to environmental opportunities.

The Pension Protection Fund was "completely caught out" by improvements in failure scores when it calculated the risk-based levy scaling factor, consultants say.

GLOBAL - DB returns outperformed DC in the recent bull market, confirming fears of inadequate future income, according to Watson Wyatt.

Conflicting advice on longevity assumptions is leaving trustees and pension managers in a quandary, Punter Southall warns.

Including: JAPAN - Govt mulls move from bonds to SWF; US - Possible pensions ban on commodities and futures; CANADA - CPPIB takes stake in Transurban