SPAIN - The Spanish government has approved the proposed pension reforms which will see the retirement age raised and the minimum contribution period increased from 12 and a half years to 15 years.
US - Indiana Public Employees' Retirement Fund executive director David Adams has submitted his resignation and will be leaving his post on 1 June 2007.
MERCER Human Resource Consulting has appointed Sarah Elwine as a principal within its retirement business.
PROFESSIONAL PENSIONS has moved to new offices on Stephen Street in London's West End.
US - Alternative asset manager Partners Group is to open a San Francisco office in May after it "acquired" ten investment managers from US-based Pension Consulting Alliance (PCA)
NETHERLANDS - Dutch pension funds are hunting for more yield through alpha strategies and alternatives in reaction to the January introduction of the FTK (Financial Assessment Framework) solvency rules, said Jos Heuvelman, director of the pension fund...
SWEDEN - The First Swedish National Pension Fund (AP1) has tendered a US$1.2bn Japanese equities mandate, as the fund undertakes a review of its current managers.
Watchdog warns design of national pensions default fund will be critical
F&C ASSET Management has begun marketing a pooled liability driven investment product
US - The ten largest local government employee pension funds in North Eastern Illinois are faced with a collective deficit of over US$16bn, a trend which has shown no sign of abating, according to a report by the Civic Federation.