News

HUMAN resources directors are "living in ingnorance" about the differences in pension benefits of their senior employees, Watson Wyatt warns.

CANADA - bfinance has opened an office in Toronto, under the leadership of Peter Wright.

THE Eaton-Williams Group Pension and Assurance Scheme has hired HSBC Actuaries and Consultants to provide it with a range of services.

NORWAY - The Government Pension Fund - Global is expected to grow from current value US$350bn to $600bn by the end of 2010.

PENSION Capital Strategies and Tactica Assurance have teamed up to offer schemes an investment product to guarantee scheme liabilities over a ten-year period.

CANADA/NEW ZEALAND - The Canada Pension Plan Investment Board (CPPIB) plans to make another partial takeover offer to all shareholders of Auckland International Airport Limited (AIAL).

RAILPEN Investments has extended the corporate governance overlay mandate it has with Governance for Owners to include Japan.

UK - The introduction of personal accounts to parliament this week, as part of the new Pensions Bill, has been welcomed by industry with a warning that there are still challenges to be overcome.

THE £3BN AstraZeneca pension fund has appointed Cardano to provide it with investment advice.

CANADA/NEW ZEALAND - The Canada Pension Plan Investment Board (CPPIB) plans to make another partial takeover offer to all shareholders of Auckland International Airport Limited (AIAL).