News

Receivers at haulage company Fransen Transport are winding up the pension scheme almost two years after the firm went into liquidation.

GLOBAL - Mercer Human Resource Consulting has rebranded its global operations under the single umbrella name ‘Mercer'.

Directors of the UK's top companies have amassed huge pension pots while cutting benefits for staff, the Trades Union Congress claims.

How should institutional investors interpret the recent losses made by hedge funds? It is not a fr...

US - The California State Teachers' Retirement System (CalSTRS) has named four new management firms for its US$225m sustainable investment programme.

Trustees of schemes which qualify for help from the Financial Assistance Scheme will be banned from buying annuities for their members later this month.

UK - The GlaxoSmithKline Common Investment Fund has awarded Goodman Property Investors a €150m mandate to invest in European property portfolios.

UK - The £1.4bn Kingfisher pension scheme has awarded a 130/30 mandate to Goldman Sachs Asset Management and a second unconstrained, 130/30 mandate to Wegelin's Active Indexing 130/30 strategy.

AUSTRALIA - The Future Fund has appointed Tony Day as head of strategy and as part of the push to build its investment capability.

INCLUDING: UK - Bush rejoins Hewitt; US - Mellon Transition Management new President and COO; UK - Investec appoints global equities specialist; Europe - Huge growth in volumes of ETFs; IRELAND - Pensions Board prosecutes employer.