News

UK - The government has today been urged to commit to a review of the regulatory regime governing companies such as Pension Corporation, as concerns continue over the future of the telent pension scheme.

CHINA/HONG KONG - A newly-established private equity fund focused on investing in private enterprises in China has attracted US$400m in assets from Canada Pension Plan Investment Board (CPPIB) and Teachers' Private Capital (TPC).

US - Service provider ERISA Expertise has released a service allowing participants to see how future tax rate could impacts retirement benefits.

US - Four of Florida's education associations have backed an historic new 'Model Plan' for retirement savings to close a feared shortfall in pension benefits.

CANADA - The Ontario Municipal Employees Retirement System (OMERS) has called on the government to give pension funds more investment freedom, claiming restrictions were hurting its ability to provide stable, long term cash returns.

US - Experts have warned the baby boomer generation to "plan not panic".

EUROPE - Credit Suisse has appointed Michael Rüdiger as chief executive officer of Credit Suisse in Germany, Austria, Luxembourg and Central Europe.

Chrysalis Group latest to sell off scheme surplus; Hammerson sells interest in One London Wall

SWITZERLAND - Sustainable Asset Management (SAM) Group has more than doubled its assets under management (AUM), achieving an annual growth rate of 125% in 2007.

SCOTTISH WIDOWS has added a drawdown feature to its self-invested personal pension alternative retirement account.