News

HSBC Actuaries and Consultants has appointed Richard Reid as chief executive officer to take over from Alan Fishman who will retire at the end of the year.

THREE-QUARTERS of fund managers are failing to disclose policies on corporate and social responsibility, FairPensions warns.

FINLAND - Standard Life Investments (SLI) has signed an agreement with Aktia, the Finnish Savings Bank, to distribute its Global REIT Focus Fund in Finland.

THE Communication Workers' Union is set to decide whether to agree a strike-ending deal with Royal Mail in its pay, pensions and modernisation dispute.

US - New options about the role of risk managed absolute return strategies (RMARS) have been submitted to the California Public Employees' Retirement System (CalPERS).

UK - Mercer has advocated the benefits of adopting a de-risking strategy following the volatility experienced over the last quarter.

NETHERLANDS - Dutch pension scheme Bpf Meubel has appointed ABN AMRO Mellon Global Securities Services to provide global custody and related services for assets valued at €1.5bn.

AUSTRALIA - The list of speakers has been confirmed for the forthcoming currency management conference researched and organised by Global Pensions.

US - Hybrid defined benefit (DB) plans could form part of the new investment landscape for US company retirement schemes, according to an analyst from Watson Wyatt.

GLOBAL - People and process are without doubt more important to pension funds than past performance, confirmed the results of October's Global Pensions 100 Panel.