News

GLOBAL - The California State Teachers' Retirement System (CalSTRS) has described new proposed rules from the Securities and Exchange Commission (SEC) on shareholders' rights as "counterproductive".

Moves to exempt pension funds from paying tax on investments in property-authorised investment funds have been welcomed by fund managers.

Written submissions for Professional Pensions' inaugural Specialist and Alternative Investment Manager Awards will now be assessed by the judging panel.

Vebnet's Fix&Flex technology is to become the core application of Mercer's UK-based flexible benefits service following a 10-year deal.

Employers are disappointed but not surprised that the department for work and pensions' deregulatory review failed to recommend changes on accrued rights.

Financial services firms are putting more emphasis on flexible benefits and now offer a host of choic...

CANADA - British Columbia Investment Management Corporation (bcIMC) has bought Delta Hotels for an undisclosed amount.

Stubbing out smoking breaks at work has caused productivity to dip because workers are more stressed, new research shows.

Total contributions to defined contribution pension schemes now total nearly £12bn a year, Standard Life analysis reveals.

Neptune Investment Management and Chicago-based Aston Asset Management have launched a mutual fund for US investors.