News
Defined Benefit
THE Local Government Pension Scheme will not exist by 2012, a survey by Mercer reveals.
22 July 2008
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United Kingdom
UK - The £672m (US$1.3bn) London Borough of Tower Hamlets pension fund has selected Auriel Capital Management and Record Currency Management to handle its active currency hedging portfolio, according to MandateWire.
22 July 2008
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US
US/EUROPE - Wilshire Associates has appointed Michael Harriman as a senior managing director and head of Wilshire Analytics, Europe.
22 July 2008
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Investment
F&C Asset Management is to combine its property asset management operations in the UK and Ireland with REIT Asset Management.
22 July 2008
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Europe
EUROPE - Fitch Ratings foresees a consolidation in the collateralised loan obligation (CLO) industry resulting from the challenging conditions of the European leveraged loan market.
22 July 2008
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Regulation
THE National Association of Pension Funds has backed the Pensions Regulator's decision to delay introducing changes to the way longevity is treated in the scheme funding regime.
22 July 2008
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United Kingdom
The transition from defined benefit (DB) to defined contribution (DC) and the growing influence of EU legislation are major issues facing the UK pensions industry, according to Aegon's outgoing director of pensions development Stewart Ritchie.
22 July 2008
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Regulation
THE Pensions Regulator has decided to delay introducing changes to the way longevity is treated in the scheme funding regime.
21 July 2008
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Admin / Technology
SEI has extended to its defined contribution master trust in a bid to alleviate the burden caused by the growing number of deferred members.
21 July 2008
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Mandates
THE London Borough of Wandsworth Pension Fund is set to restructure its £700m portfolio.
21 July 2008
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