News

NETHERLANDS - Pension Fund Atradius Netherlands (Stichting Pensioenfonds Atradius Nederland) has appointed Fortis Investments as its fiduciary manager.

Watson Wyatt has taken a initial 20% stake in South African consultancy, Fifth Quadrant, in its fourth major deal of the year.

Mercer has been appointed by the International Finance Corporation to carry out the first sustainability survey on emerging market investments.

SWITZERLAND - Pension funds emerged relatively unscathed from the summer's credit crunch, according to the ninth Swiss Institutional Survey run by Lusenti Partners.

Union members have protested that pension benefits will be cut at companies sold off by John Lewis Partnership.

Mercer has set up an office in Dubai, to serve as its Middle East operations hub.

INDIA - The Pension Fund Regulatory and Development Authority (PFRDA) has announced sweeping changes to the government New Pension Scheme (NPS).

Flexible benefits have hit pension provision and money-purchase scheme members are losing out because trustees spend too much time on governance, Oval Financial Services claims.

A responsible investment self-assessment template for local government pension schemes has been launched at the Local Authority Pension Fund Forum annual conference.

Almost three-quarters of independent financial advisers believe product innovation such as third-way annuities are the key to boosting retirement saving, research suggests.