News

THE WARWICKSHIRE Pension Fund has joined the Local Authority Pension Fund Forum - taking its membership to 43 funds.

FOUR Capital Partners is set to launch a long/short UK equity fund for UK schemes in the fourth quarter this year, PP can reveal.

THOUSANDS of employees are "sleepwalking into an uncertain future" because of a lack of retirement planning, The Pensions Advisory Service has warned.

FINLAND - Two large pension insurance companies have become major investors in chemicals group, Kemira Oyj, after the state sold its shares in the firm.

AN AGREEMENT over new pension arrangements for NHS staff is expected to be signed off next week.

SWEDEN - The fourth AP fund produced a return of 6.4% in the first half of 2007, bringing its assets to SEK 214.2bn (US$31bn), according to its half yearly report.

UK - Watson Wyatt has recruited two new members for its real estate and hedge fund team in addition to hiring new graduates for its manager research team.

The majority of final salary schemes favour a high allocation to return-seeking assets such as equities despite recent market volatility Watson Wyatt has revealed.

ANNUITY forum CHAIRMAN Billy Burrows Director of annuities Aspen Burrows first became involved wi...

F&C ASSET Management is launching a diversified growth fund in an attempt to address a lack of portfolio diversification across pension schemes.