News
Investment
STANDARD & POOR'S has launched three Shariah compliant equities benchmark indices.
23 January 2008
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Press
Fed slashes rates to halt sell-off; BT retreat continues on pension fund fears; Big hedge funds agree voluntary code of practice; Commercial property fund investors face continued slide
23 January 2008
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Europe
EUROPE - Lehman Brothers issued its European Pensions Briefing with a warning schemes should be addressing their solvency levels over the coming year.
23 January 2008
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Canada
CANADA - A coalition of unions is urging Alberta Local Authorities Pension Plan (LAPP) members and pensioners to lobby their local politicians over changes to rules relating to governance of the scheme.
23 January 2008
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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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