News

US - CalPERS has urged fellow shareholders to vote for changes to insurance company Hilb Rogal & Hobbs' board structure at its AGM next month.

The first ever Professional Pensions Conjecture debate chaired by Professional Pensions editor Len Roberts and including Hamish Wilson of Hamish Wilson & Co, Sacker & Partners' Ian Pittaway, and Buck Consultants' Fraser Smart - asked if the current Pensions...

US - Pension plan sponsors are campaigning to improve the performance of their defined contribution (DC) plans, according to a study by Greenwich Associates.

PETROCHEMICAL firm Ineos is set to meet union officials at Acas in a bid to avert strike action.

COMMERZBANK Corporates & Markets has launched its first structured product targeted at the UK marketplace.

SWITZERLAND - Domestic real estate and alternatives asset classes helped Swiss pension funds limp to a 2.3% average return over 2007, according to Lusenti Partners' 10th annual survey.

US - The California Public Employees' Retirement System (CalPERS) has expanded its corporate governance guidelines to measure companies' commitment to environmental issues and to encourage firms to increase women and minority representation on their boards....

Vow on pensions regulator powers; L&G strikes deal to take on TI Group assets; Managed hedge fund capital rises by only 1pc; FTSE 100 rally will not last, Morgan Stanley warns

A planned 48-hour tube strike has been formally called off since Metronet has received written confirmation on employment conditions from the Mayor of London.

CANADA - A legislated contribution rate of 9.9% from year 2010 is enough to pay future expenditures and to accumulate assets worth CAD$235bn (US$233.5bn) in 2015, the latest Actuarial Report for the Canada Pension Plan has revealed.