News

A new paper to help trustees ensure they do not miss out on US class actions has been published by the National Association of Pension Funds.

UK - The East London borough of Barking and Dagenham's council is tendering for the provision of pension fund investment and actuarial advice services.

THE NEW director of the £3.6bn London Pensions Fund Authority Vanessa James has outlined her key priorities for the remainder of 2007.

REGIONAL newspaper group the Express & Star is to close its final salary pension scheme.

SCHEMES must dump short-term reward targets for managers if they want to match liabilities properly and encourage greater sustainability among businesses, delegates heard.

Netherlands - PGGM will publish the names of the 3500 quoted companies it invests in, following criticisms of Dutch pension funds earlier this week.

INVESTMENT consultants should adopt a code similar to the transition management industry's T-Charter to help schemes measure performance, delegates heard.

G8 private equity call

Pension legislation should focus on providing employers with incentives to run simple and transparent schemes, Mercer HR Consulting says.

A short-term bond issue by Société Générale gives investors exposure to the 25 largest private equity companies.