News

Two of the government's key pension reforms are little more than "distractions" from the real problems at the heart of the UK system, a consultant claims.

UK - The National Association of Pension Funds (NAPF) is urging its members to launch a joint legal challenge against the HMRC stance that VAT should be charged on investment managers' services to occupational pension schemes.

OVERLAY Asset Management has launched a specialist emerging markets currency fund

US - An internal Wilshire memo sent to all its senior consultants has warned them of potential legal pitfalls for clients when advising on the suitability of liability driven investment (LDI) products in the US.

The first three judges for the UK Pensions Awards 2008 have now been confirmed. They are: Sacker & Partners senior partner Ian Pittaway; David Somers, chairman of trustees for Dossan Babcock Energy Pension Fund and a director of AllenbridgeEPIC Investment...

Including: AUSTRALIA - ING appoints director of fixed income; UK - Principal announces new hires; UK - BlackRock makes SAS appointment

Life Academy has been selected by the government to provide information and guidance service on work options for the over-50s.

JAPAN - Japanese pension plan sponsors have restored funding ratios to healthy levels and are exploring hybrid benefits structures such as cash balance plans, according to Greenwich Associates.

NEW ZEALAND - Enrolment in the KiwiSaver scheme is occurring three times faster than was predicted, with more than 260,000 New Zealanders enrolled four months after it was launched.

Global Pensions has hosted a debate with key players in the transition management industry following the recent release of the T-Charter.