GLOBAL - Watson Wyatt has unveiled its vision for the future of the institutional investment industry, highlighting the key changes which it claims will shape the investor landscape.
US - 401(k) charges will become clearer as the result of a proposed rule aimed at making it easier for plan participants to make informed retirement savings decisions.
EUROPE - AEGON has completed a securitisation deal to improve its capital efficiency, adding more than €315m (US$496m) to the group.
US - The Teacher Retirement System of Texas (TRS) has appointed Cooley Godward Kronish partner Roel Campos as fiduciary counsel to the nearly US$108bn Texas trust fund.
GERMANY - The Royal Bank of Scotland and German insurer Ergo have launched a pension liability service for corporates, ahead of the introduction of new accounting rules next year.
GLOBAL - Pension fund accounting standards may be obsolete for prospective investors, according to some industry figures.
US - The decision by the US$248bn California Public Employees' Retirement System (CalPERS) to invest in pubic private partnership (PPP) infrastructure projects has met with strong criticism from Professional Engineers in California Government (PECG)....
US - Defined benefit (DB) and defined contribution (DC) plans have significantly different asset allocations, which may have a great effect on the risk exposure and investment time horizon, according to new research.
MPs demand Equitable Life debate; F&C builds Reit into division; Divided Bank of England hints at August rate rise
NETHERLANDS - Fiduciary management has taken a firm hold in the Netherlands as an increasing number of pension funds consider it one of the standard tools available to manage their investment portfolios.