News

A new insurance firm will launch a product that allows trustees to insure the sponsor covenant in full and provide an alternative to bulk annuity buyouts.

THE LOCAL Authority Pension Fund Forum has published a trustee guide urging pension schemes to engage with companies over merger and acquisition activity.

The Northern Ireland Civil Service has awarded Capita Hartshead a seven year contract to host its pension administration system.

US - Private equity still can be a worthwhile investment for pension funds, despite the credit squeeze and recent volatility, according to Watson Wyatt Worldwide.

EUROPE - The European Commission is to investigate whether the UK government's guarantee of BT Group pension liabilities is a violation of EU Treaty state aid rules.

Capita is to take on the administration of Prudential's mature life & pensions back-book in a deal worth £722m.

INCLUDING: US - PBGC names chief financial officer; UK - Mercer reveals new approach to pensions and savings; UK - Resolution reports record sales

UK - Pension funds have been encouraged to engage with companies over merger and acquisition activity by the Local Authority Pension Fund Forum (LAPFF).

GLOBAL - A study on the prevalence of the integration of environmental, social and corporate governance (ESG) factors in emerging market investments has been commissioned by the International Finance Corporation (IFC), the private sector branch of the...

AUSTRALIA - Prime minister Kevin Rudd has selected his ministry and will be presenting to the Governor-General for swearing in on Monday 3 December 2007.