News

THE £28BN Universities Superannuation Scheme has led a group of 13 investors in an unprecedented attack on US executive pay practices.

ABERDEEN Asset Manage-ment is launching an emerging markets smaller companies fund amid rising interest in the asset class from institutional investors.

Nottingham City Council corporate HR consultant Helen Humphries will be the keynote speaker at the P&MM Employee Benefits Conference 2007.

Chairman Peter Sparshott Director PricewaterhouseCoopers Sparshott has worked for Pricewaterh...

UK - The National Association of Pension Funds (NAPF) and Trust Associates have joined forces in an effort to help pension fund trustees locate quality investment expertise.

CANADA - The Ontario government has set up a commission to examine legislation for the funding of defined benefits schemes and conduct the first review of the Pension Benefits Act (PBA) since 1986.

PRIVATE equity group 3i has announced plans to list a new infrastructure investment company on the London Stock Exchange.

US - The $39bn Illinois Teachers' Retirement System has distanced itself from infrastructure investments, claiming it had "more confidence" in other asset classes.

THE FINANCIAL Services Compensation Scheme ex-pects to receive around 39,000 new claims in 2007-08.

Property is no substitute for a pension and should only be expected to deliver a "marginal supplement" to retirement income, a leading adviser warns.