News

UK - Specialist global listed property firm Cohen & Steers has reopened the debate as to whether pension funds are up to speed with real estate investment trusts (REITs).

Nearly 40pc of financial advisers believe the increase in self-invested personal pensions is the most significant trend in the market. But many are worried about absorbing the cost of professional indemnity cover that will accompany doing newly-regulated...

ALL Allied Wire & Steel scheme wind-up victims will qualify for 80pc of their core pension from before reaching retirement age, the government says.

ABERDEEN Property Investors has acquired a Dutch shopping centre for £23m.

EU plans to introduce a risk-based approach to calculating capital funding requirements for insurance firms may be extended to include defined benefit schemes.

TV LICENSING workers at Capita are threatening to strike in a bid to achieve equal pensions rights for all staff.

David Neal, head of Watson Wyatt's investment consulting practice in Australia, has resigned to become chief investment officer of the Future Fund.

UK - The Shetland Islands Council pension fund and Warwickshire County Council pension fund have dramatically increased allocations to alternatives in a bid to diversify their portfolio's.

SCHRODERS property multi-manager team has boosted its number of local authority mandates to nine with the addition of Shetland Islands Council and Warwickshire County Council.

BNP Paribas Securities Services will create 370 new jobs in its Glasgow and Dundee offices over the next five years.