News

ASIA - FRM opens offices in Hong Kong and South Korea; US - Northern Trust expands reporting tools; GLOBAL - HSBC rebrands asset management business; UK - Former Mercer staffer returns

The Raising Standards of Pensions Administration has been working with The Pensions Regulator to help create a scheme data standard.

MERCER has rehired Jon Exley from Barclays Capital in a bid to strengthen its financial strategy group.

GERMANY - Allianz Global Investors (AGI) Kapitalanlagegesellschaft has launched a 'one-stop shop' for company pension provision, providing investment, administration and a general trustee solution from a single source.

FRANCE - The European Commission (EC) has launched an investigation into the way France Télécom's pension scheme for state employees was financed following its privatisation in 1997.

Equal rights for agency staff will not cover pensions; Royal Dutch Shell investors revolt over executive award plan; Investors attack Regus' top-up scheme; Hedge fund manager set for showdown with US rail operator

JUNE MULROY has been reappointed as executive director of business delivery at the Pensions Regulator.

UK - Proposals to overhaul the way pension fund assets and liabilities are calculated could be the final tipping point for DB schemes, National Association of Pension Funds (NAPF) chief executive Joanne Segars has warned at a public meeting on the issue....

UK - Two charities are to lobby UK pension funds and fund managers on the risks posed by inadequate analysis of the human rights and environmental impacts of mining projects in developing countries.

UK - Paternoster has launched a quarterly affordability index for pension funds looking to buyout the risks of their defined benefits plans.