News

Commercial property is "as sick as sub-prime if not worse", Bedlam Asset Management has warned.

The Pensions Regulator and the Pension Protection Fund have released an up-to-date edition of its Purple Book.

The Ludgate Environmental Fund has invested e2m (£1.43m) in Dutch wind turbine manufacturer, Emergya Wind Technologies.

FirstGroup has begun a compliance monitoring programme for all employees in its North American business following pressure from the Local Authority Pension Fund Forum.

Mercer has acquired Höfer Vorsorge-Management, one of Germany's leading actuarial and retirement consulting firms.

Investment in staff training and career development is set to grow in 2008 as more resources are devoted to non-pay strategies, research by Mercer reveals.

The full impact of age discrimination regulations on UK pension schemes will not be known until at least 2009, a law firm warns.

Hermes Pensions Management head of investment management in real estate Fiona Sweeney is leaving the firm. Sweeney - who joined Hermes in 1992 - has held the post since 2004.

The California Public Employees' Retirement System has adopted a new international investment strategy in a bid to boost returns.

Turbulent credit market conditions mean corporate reporting and governance risks are higher than they have been for "some years", the Financial Reporting Council warns.