News

GERMANY/UK - Law firm Wragge & Co has been appointed by two Celesio sponsored company pension funds to advise trustees.

THE Pension Protection Fund is to consult on changing assumptions in a bid to bring section 143 and section 179 valuations in line with pricing in the buyout market.

The £2bn Avon Pension Fund is looking for multi-managers to run two specialist active property portfolios worth a total of £250m.

Private equity creating jobs, says BVCA; Doubts hang over future of Pickfords; UBS posts $13.7bn sub-prime write-down

UK - The UK pension fund buyout market in Q4 2007 increased by more than twice the previous three quarters put together, according to Aon Consulting.

The department for work and pensions is to examine new deregulatory measures to ease burdens on defined benefit schemes, Professional Pensions can reveal.

Multi-asset investing has fallen out of favour with pension schemes "for no good reason", Newton Investment Management claims.

West Midlands Pension Fund chief pensions officer Mike Woodall is to retire in September after more than 14 years with the scheme.

Alberta schools and teachers' unions have come to collective agreements to address a $2.1bn pensions shortfall built up prior to 1992.

AUSTRALIA - The government has commenced consultation with a range of industry organisations and practitioners about practices in self managed superannuation funds (SMSFs).