News

Here is the full list of the winners of the UK Pensions Awards, presented last night at London's Grosvenor House Hotel.

CANADA - The Public Sector Pension Investment Board (PSPIB) has teamed up with investment manager Overlord Financial Inc in a bid to buy out Thunder Energy trust, an oil and gas company, in a deal worth over C$202m (US$180m).

AON CONSULTING has promoted Robert Middleton to the new position of chief executive officer for Europe, Middle East, Africa and UK.

Trade unions claim they were misled over workers' pensions during the takeover of emergency services radio operator Airwave 02.

THE GOVERNMENT must use its scheme deregulatory review to provide "a third way" for employers or face widespread levelling down under personal accounts, actuaries say.

US - The Nasdaq Stock Market Inc said it would impose a "hard freeze" on two of its pension plans in a report yesterday.

INCREASING institutional investment has helped London more than double its share of global hedge fund assets under management in the past four years, research reveals.

UK PENSION funds must diversify their European property holdings if they are to get the best returns, Arlington Securities says.

Pensions administrator RPMI and Shilling Communications have agreed a staff exchange programme in a bid to share best practice.

CREDIT Suisse has unveiled a range of longevity hedging products for pension schemes and has revealed it is pricing its first longevity swap for a UK fund.