News

UK - Pension fund buyouts and trapped surpluses were high on company agendas, according to data released by PricewaterhouseCoopers.

UK - The Local Authority Pension Fund Forum (LAPFF), has shown its commitment to shareholder engagement by backing the United Nations Principles for Responsible Investment (UNPRI).

AUSTRALIA - Investments taking environmental, social, ethical or governance issues into account outgrew mainstream investing by more than double last year, according to the Responsible Investment Association Australasia (RIAA).

A further six firms are in talks to join an initiative to enable straight-through processing for the institutional pensions market.

THE TRUSTEES of the Associated British Foods Pension Scheme have appointed Wilky Fund Management to run a £95m direct property portfolio.

US/CANADA - Watson Wyatt has announced it would spin off its multi retirement businesses into two separate companies.

Freshfields Bruckhaus Deringer has won its high-profile age discrimination battle against former partner Peter Bloxham who challenged changes to pension provision.

Corporate pensions providers need to become more involved in the Retail Distribution Review or risk the FSA imposing "potentially damaging" solutions, Aegon warns.

Pension provision is one of the top issues troubling Housing Association staff, a major study by Unison has found.

LYXOR Asset Management has launched four emerging market exchange traded funds on the London Stock Exchange.