News
US
US - Mercer has appointed three new staff members after its global assets under management nearly doubled in two years to US$18.7bn at year-end 2007, from $9.4bn at the end of 2005.
25 February 2008
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Mandates
THE London Borough of Hammersmith and Fulham has gone out to tender for an actuary for its £460m pension fund.
22 February 2008
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Uncategorised
Trustees should prepare for tougher funding negotiations as scheme sponsors seek to counter the impact of new accounting rules, law firm Hammonds warns.
22 February 2008
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Uncategorised
Pensioners who have been receiving payments from pre-2003 scheme wind-ups may be forced to pay back some benefits following a High Court ruling.
22 February 2008
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Press
Zwirn winds down principal funds; Scheme closure boosts Zetex; Price-cutting leads to jump in retail figures
22 February 2008
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Uncategorised
THE National Association of Pension Funds has backed government plans to consult on the issue of conditional indexation and risk sharing.
22 February 2008
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Fixed Income
Improvements in the pension scheme funding positions over the past six months are "illusory" due to a freak deviation in corporate bond yields, PricewaterhouseCoopers claims.
22 February 2008
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Uncategorised
THE Pensions Regulator has published a consultation document on guidance relating to conflicts of interest.
22 February 2008
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US
US - A bill to move teachers from 401(k)-style retirement accounts to the defined benefit (DB) West Virginia Teachers Retirement System has been amended following pressure from teachers associations.
21 February 2008
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Denmark
DENMARK - ATP recorded a 5.9% annual investment return of DKK21.3bn (US$4.2bn) before tax over 2007 but lost a considerable amount through its hedging activities.
21 February 2008
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