News
US
US - Delivery company UPS has released positive full year trading results even taking into account its $6.1bn (€4.1bn) payment to withdraw from the Central States multi-employer pension scheme late last month.
31 January 2008
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Uncategorised
THE ACCOUNTING Standards Board has issued proposals to change the discount rate used for calculating scheme liabilities - a move that will increase FTSE 100 scheme liabilities by £90bn.
31 January 2008
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Uncategorised
THE Actuarial Profession is "committed" to implementing self-regulation recommendations but is failing to develop ethical standards, a new report says.
31 January 2008
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US
US - Market volatility has wiped $110bn (€74bn) off the value of pension funds since the beginning of the year, according to Mercer.
31 January 2008
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Uncategorised
FRIENDS PROVIDENT could sell its 53pc stake in F&C Asset Management following a strategic review of its business.
31 January 2008
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Hedge Funds
THE ALTERNATIVE Investment Management Association's investor steering committee is set to publish a guide for trustees investing in hedge funds.
31 January 2008
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Global
US - The California State Teachers' Retirement System (CalSTRS) has allocated US$200m (€134.5m) for a joint venture with real estate investment firm Sealy & Company.
31 January 2008
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India
INDIA - The Japan Special Fund is to provide a US$1m grant to help India's transition to a new pension system.
31 January 2008
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Uncategorised
The registration process for the first Professional Pensions Spring Show will open on February 8.
31 January 2008
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US
US - The Massachusetts Pension Reserve Investment Trust Fund (PRIT) has announced results for the 2007 fiscal year, showing strong growth above benchmarks.
31 January 2008
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