News

UK - The Pensions Protection Fund (PPF) has issued a contract looking for a socially responsible investment (SRI) consultancy for SRI overlay management and corporate government proxy voting.

US - The state government of Colorado has passed what it called the US's toughest bill on pension funds' divestment from Sudan.

UK - The National Association of Pension Funds (NAPF) has published two new corporate governance policies.

Airwave pension scheme closure attacked; Pru's falling sales overshadow progress

ISRAEL - Pension reforms have had a positive effect on the Israeli capital market, according to one of the state's leading investment houses.

UK - Credit Suisse revealed it would launch a mortality swap for pension funds as a way of managing mortality risk and an alternative to a buyout, according to Vice President Ian Mills.

US - The California Public Employees' Retirement System (CalPERS) was staying tight-lipped over the new Clear Channel buyout bid led by private equity firms after rejecting an initial bid.

IRELAND - The Pensions Board has warned the pensions industry to ensure all of its affairs are in order.

The Pensions Advisory Service is "appalled" that a volunteer adviser has been forced to explain the role he carries out to his City firm bosses.

US - The Teacher Retirement System of Texas (TRS) has reportedly signalled a shift towards alternative investments.