News

EUROPE - Euro-zone defined benefit (DB) pension plans beat their global peers in terms of increasing their projected benefit obligation (PBO) funded ratios in the last quarter of 2006, new report has claimed.

Pensions accounting standard FRS17 ignores the strength of the employer's covenant and fails to address the "real issues" of funding, Xafinity Consulting claims.

Sellers leaves Nomura

Proposals to widen access to hedge funds to the retail market could boost institutional investment in the asset class, consultants say.

Actuaries want former Watson Wyatt partner Paul Thornton's review of pension institutions to be extended to cover all government departments that deal with pensions.

New regulations governing self-invested personal pensions should stamp out high upfront commissions used by some insurance companies, an independent provider says.

A Hewitt Associates pension team leader has been jailed for 21 months for stealing more than £250,000 from a client.

UK - A UK consortium of City of London heavyweights has exclusively told Global Pensions they are set to launch a vehicle aimed at insuring pension funds against the risk of sponsor bankruptcy.

UK pension funds continue to have the highest exposure to equities in Europe, new research finds.

CVC bid to acquire Sainsbury collapses; Much better returns without the fees; Ageing populations and protectionism are the main threats to continued global economic growth according to the IMF; Citigroup says London office will bear share of 17,000 global...