News

INCLUDING: UK- Multi- employer pension schemes; US - Invesco launches GTAA portable alpha strategy; Australia - UniSuper's Ann Byrne wins award

Top 100 firms put £13bn into pensions; Sainsbury's and Delta Two meet face to face as tensions mount over £10bn bid; Sipps give a lift to sales at Standard Life

US - US regulatory agencies are not adequately enforcing the disclosure of investment consultants' conflicts of interest, a situation exacerbated by a combination of outdated laws, poor formal coordination between agencies and insufficient investigative...

US - The California Public Employees' Retirement System (CalPERS), has reportedly allocated US$3.2bn to three managers for its 130/30 relaxed long only programme.

UK - The pension protection levy could be set for three years, according to a consultation launched by the Pension Protection Fund (PPF).

THE COST of teachers' pensions has increased by around £38bn in the last year alone, according to government estimates.

UK - AllenbridgeEPIC Investment advisers Limited (AEIA) has announced that Philip Williams, senior adviser at AEIA, has been re-appointed as independent investment adviser to the £1.2bn North Yorkshire Pension Fund.

US - St. Louis has defended its decision to issue US$125m in municipal bonds just days after the chairman of the Securities Exchange Commission (SEC) criticised the vehicle's outdated legislation.

STANDARD & POOR'S has launched an investable index for ‘frontier' equities in a bid to offer schemes exposure to previously uninvestable markets.

THE PENSION Protection Fund could set its levy at the same rate for the next three years, under proposals put forward in a consultation paper published today.