News

INCLUDING: UK - Buck Consultants new appointment; GLOBAL - Commodities driven by momentum-chasing; UK - Aon warns on regulation on DB pension transfers

UK - The London Stock Exchange (LSE) has seen the launch of 19 new exchange traded funds (ETFs) from Barclays Global Investors' iShares and Deutsche Bank's db x-trackers.

The British Air Line Pilots Association has been threatened with industrial action if negotiations regarding the organisation's defined benefit pension scheme fail.

One hundred pension schemes have responded to a pilot programme aimed at improving mortality assumptions, Hymans Robertson says.

US - The Pension Benefit Guaranty Corporation (PBGC) is seeking to form strategic partnerships with outside firms to assist the corporation in carrying out its new investment policy.

Trustees of the Ahlstrom Chirnside pension scheme have appointed Xafinity Consulting to provide actuarial, pensions administration, investment and consultancy services.

The Pension Protection Fund is looking to appoint up to five investment managers to oversee its global equity allocation.

UK - The £1.7bn (US$3.34bn) Pension Protection Fund (PPF) has said it is looking for a panel of investment managers to oversee its global equity strategy.

GLOBAL - The volatility in global equity markets will test transition managers' trading capabilities, shaking out the good managers from the lucky managers, according to Mercer Sentinel Group.

US - The California State Teachers' Retirement System (CalSTRS) has announced it is looking for an accounting consultant team.