News
Employee Benefits
A SELF-INVESTED personal pension designed to meet the specific requirements of doctors, dentists and lawyers has been launched by Wesleyan Assurance Society.
23 January 2008
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US
US - The Alaska Permanent Fund said it lost ground in the second quarter of fiscal year 2008, with a total return of -0.5%, ahead of the benchmark return of -0.6%.
23 January 2008
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Europe
EUROPE - Many Europeans may be losing out in pension schemes with long minimum contribution periods because more than 40% of the European workforce stay less than five years in the same job, two new studies have found.
23 January 2008
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Investment
BALANCED pooled funds achieved a median return of just 1.0pc during the final quarter of 2007, latest statistics from BNY Mellon Asset Servicing reveal.
23 January 2008
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US
US - AK Steel's board of directors has authorised the company to make an early US$75m contribution to its pension trust fund during Q1 2008.
23 January 2008
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Australia
AUSTRALIA - The Future Fund has hired Pinnacle Property Group co-founder Barry Brakey as investment director of private markets.
23 January 2008
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Ireland
IRELAND - Lucida is to reinsure an initial €110m (US$160.1m) of Bank of Ireland Life's existing corporate pension annuity business, in the first deal of its kind.
22 January 2008
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Employee Benefits
COMPANIES must seize opportunities offered by personal accounts, delegates to a Towers Perrin seminar heard.
22 January 2008
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United Kingdom
UK - Best practice standards for hedge fund managers are likely to receive endorsement from pension consultants, according to Man Group deputy chairman Stanley Fink.
22 January 2008
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US
US - MSCI Barra, Standard & Poor's (S&P) and Dow Jones Indexes, in association with Wilshire, have all announced the launch of new indices for institutional investors.
22 January 2008
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