News

BENELUX - Credit Suisse has appointed BlackRock's Robert Koopdonk as head of institutional clients for Benelux.

US - The California State Teachers' Retirement System (CalSTRS) has tendered a mandate for alternative investment portfolio advisors.

C&W eyes pension plan disposal; Agency workers could get full-time rights; Mercer backs LDI work with new funds; Resolution ends deal support

US - Henry Cisneros has stepped down from the board of Countrywide Financial Corporation amid calls from shareholders to make the process of selecting a replacement fully transparent.

UK - The Pension Protection Fund (PPF) has announced it would focus on reducing long term risks by adopting more prudent mortality assumptions.

Prudential M&G has launched a new fund aimed at giving schemes easier access to secured debt.

UK - Strong, long term gains could be had in the commercial property market thanks to current market jitters, according to fund of funds manager F&C.

Pensions insurer's deficit grows; Sainsbury suitor's low mark; £1.4bn commercial property deal stalls; Aviva profits form US acquisition

UK - The difference in pension fund returns is mainly because of asset allocation, according to Morley.

THE PENSION Protection Fund (PPF) has adopted more conservative longevity assumptions in a move that has reduces its solvency ratio from 92pc to 88pc.