News
Mandates
THE Somerset County Council Pension Fund has gone out to tender for an active fixed income manager to run a £200m brief.
15 February 2008
•
US
US - The parent company of Mercer, Marsh & McLennan Companies (MMC), has proposed an overhaul of the governance structure of its board of directors, seeking an end to the three-class structure and forcing all directors to stand for annual re-election...
15 February 2008
•
Global
GLOBAL - Institutional investors launched a climate change action plan at a summit held at the UN yesterday to boost investments in energy efficiency and clean energy technologies.
15 February 2008
•
Press
Pension funds face a shortfall of billions; Standard Life cuts longevity risk through £6.7bn Canada Life deal; Sovereign wealth funds find new private equity bedfellows
15 February 2008
•
US
US - Most corporate and public pension plans lost ground in Q4 2007, according to the Wilshire Trust Universe Comparison Service (Wilshire TUCS).
15 February 2008
•
Uncategorised
Regulations critical to implementing the revamped Local Government Pension Scheme in April will be laid before parliament after a delay of almost 12 months.
15 February 2008
•
Ireland
IRELAND - The FAS Training and Employment Authority Pension Scheme is awaiting recommendations from the Department of Finance before implementing a new investment strategy, according to MandateWire.
15 February 2008
•
Employee Benefits
Wirral Council has introduced an automated online process for managing absence as part of a three-year deal with Northgate HR.
15 February 2008
•
United Kingdom
UK - The Haringey and Waltham Forest pension funds have joined the Local Authority Pension Fund Forum (LAPFF).
15 February 2008
•
Netherlands
NETHERLANDS - PGGM has been told it can lawfully keep its name after the Dutch Association of Insurance Companies sued the asset manager, saying it had an unfair advantage in the industry.
15 February 2008
•
