News

GLOBAL - Managers' fees in the alternatives sector have been condemned as unacceptable, with one pension fund accusing asset managers of creating a "cartel".

TRUSTEES should ensure scheme wind-ups or PPF assessments are completed within no more than two years, says a joint consultation paper published today.

AUSTRALIA - Speculation is mounting that Treasurer Wayne Swan will devote part of the 2008-09 budget surplus to improving superannuation savings.

PENSION scheme surpluses have rose to an all time high of £21bn at the end of February, latest research from Aon Consulting reveals.

Dutch pension fund ABP has announced the name of its new subsidiary - All Pensions Group (ABG).

Elizabeth Pfeuti talks to Con Keating and Andrew Slater of BrightonRock, a new company looking to bring a different insurance offering to the defined benefit marketplace

UK - Close Brothers has appointed Christopher Clayton as managing director to head its Pensions Advisory Group (PAG).

PENSION schemes are the most popular employee benefit an employer can offer staff, a National Association of Pension Funds survey reveals.

THE government has launched a £12m generic financial advice pilot scheme following the publication of the final report of the Thoresen Review today

In January 2008, Global Pensions launched the inaugural New York Transition Management Forum New York. It was attended by pension fund managers, asset controllers and industry professionals from all over the US. Reporting by Elizabeth Pfeuti