News

SWITZERLAND - Swiss institutional investors have regularly waived investment guidelines, to invest in alternatives, the Swiss Institutional survey has shown. The survey found regulations were unable to meet the requirements of the constantly changing...

UK - Gordon Brown may have at last given UK pension funds a break by removing stamp duty on foreign exchange traded funds on the London Stock Exchange, according to Lyxor AM which launched three such funds today.

BARNETT WADDINGHAM has appointed Andrew Coveney and Clive Grimley as partners in the firm.

UK - Trustees have expressed interest in the new UK pension fund insurance vehicle, which was revealed exclusively in last month's Global Pensions.

SCHEMES rate experience, technical support and reputation over cost when choosing a third-party administrator, latest research from Capita Hartshead reveals.

UK - First State Media Group has acquired the music copyright to 25,000 songs, which will form part of a media fund aimed at pension funds.

FOUR out of 10 people about to retire could get a bigger pension by considering an impaired life or enhanced rate annuity, Bank of Scotland Annuity Service says.

CANADA - State Street Global Advisors (SSgA) has won a C$125m mandate to implement its first Canada-based liability driven investment strategy (LDI).

THE PUBLIC Administration Committee has called on the government to further extend the Financial Assistance Scheme to ensure all scheme wind-up victims are treated equally.

UK - The debate over control of pension fund surpluses has been reignited by David Yeadle of the EEF manufacturers' association who called for companies to be allowed access to the cash.