News

CANADA - The Office of the Superintendent of Financial Institutions Canada (OSFI) has urged institutional investors to learn the lessons from the credit crisis by carrying out due diligence.

SHELL UK is to take a contribution holiday from its defined benefit pension fund after an actuarial valuation found the scheme to be heavily in surplus.

WATSON Wyatt is planning to change all future pension accrual for existing members of its defined benefit scheme from a final salary to career average basis.

US - Dimensional Fund Advisors has revealed plans to launch two retirement share classes (R share classes) for use in defined contribution (DC) plans.

Shell UK takes pension contribution holiday; More pensioners go bankrupt; Trichet and Greenspan say global economy will take time to recover; UBS and Citi write off billions on credit crisis

INCLUDING: US - Pru sues State Street; UK - Emap pension offload

CHAIRMAN Mathew Swynnerton Partner DLA Piper Swynnerton is a partner in DLA Piper's London offi...

INCLUDING: JAPAN - Japanese pensions payment changes; US - SEC rebukes Callan

US - The California Public Employees' Retirement System (CalPERS) has made a US$500m investment commitment to the new real estate ARA Asia Dragon Fund.

Growth forecast for pension buyouts; The next generation of pensions investing; Multi-boutique model too complex; Financial services firms pessimistic