THE Actuarial Profession is "committed" to implementing self-regulation recommendations but is failing to develop ethical standards, a new report says.
US - Market volatility has wiped $110bn (€74bn) off the value of pension funds since the beginning of the year, according to Mercer.
FRIENDS PROVIDENT could sell its 53pc stake in F&C Asset Management following a strategic review of its business.
THE ALTERNATIVE Investment Management Association's investor steering committee is set to publish a guide for trustees investing in hedge funds.
US - The California State Teachers' Retirement System (CalSTRS) has allocated US$200m (€134.5m) for a joint venture with real estate investment firm Sealy & Company.
INDIA - The Japan Special Fund is to provide a US$1m grant to help India's transition to a new pension system.
The registration process for the first Professional Pensions Spring Show will open on February 8.
US - The Massachusetts Pension Reserve Investment Trust Fund (PRIT) has announced results for the 2007 fiscal year, showing strong growth above benchmarks.
UK - Changes to the way pension fund assets and liabilities are calculated and reported have been set out in a discussion paper from the Accounting Standards Board (ASB).
Pensions proposal faces opposition; Pension gap looks 'unsustainable'; Friends to sell F&C as part of overhaul; Woolworths carries out £385m loan deal