News

INSTITUTIONAL investors across Europe are planning to invest around €103.6bn (£67.4bn) in alternative asset classes over the next four years, claims JPMorgan Asset Management.

UK - The Merchant Navy Officers' Pension Fund (MNOPF) has appointed PIRC to provide global shareholder voting recommendations and execution.

SKANDINAVISKA ENSKILDA BANKEN (SEB) is set to buy Key Asset Management for an undisclosed sum.

UK - Airport workers are set to decide if they will strike over pension concerns, in a move which could throw Christmas travel into chaos.

IF COMPANIES begin to auto-enrol employees into existing defined contribution schemes ahead of the 2012 introduction of personal accounts the risk of levelling down will the halved, Fidelity International says.

UK - Providers must urgently update their projection models before pensions' deficits reach catastrophic proportions, a leading academic has claimed.

THE MERCHANT Navy Officers' Pension Fund has hired Pensions Investment Research Consultants to provide it with global shareholder voting recommendations and execution services.

UK - Unite, the union representing telent workers, has vowed to keep up pressure on Pension Corporation until it provides assurances on the future of the company's UK pension scheme.

Life expectancy ‘underestimated' by 12 years; Fierce competition leaves DB members exposed; Use of US class action gathers apace; Fund managers raise exit penalties to prevent property collapse

GREECE - Journalists have planned strike action next week because of Conservative plans to reform the country's pension system.