News

THE PENSIONS Regulator has published guidance on establishing internal control frameworks in a bid to help trustees manage risk.

DENMARK - The recent European Court of Justice ruling on pensions will likely spark increased competition in the pension market, resulting in lower prices and new products for the Danish public, Aon has claimed.

DENMARK - PensionDanmark has yielded a return of €480m in 2006, equivalent to 7% before taxes and investment costs.

REGULATIONS essential for the implementation of a new Local Government Pension Scheme have been delayed, Professional Pensions has learned.

F&C rocked by Dutch defections; Complacency could be investors' ruin, warns FSA

UK - The North Yorkshire Pension Fund has appointed UBS Asset Management to manage its new £49m global tactical asset allocation mandate.

UK - The information commissioner has ordered two local authorities to disclose details of their pension fund investments, but this should not have a huge impact on the private equity or pension fund industry.

UK - Pension fund deficits for FTSE 100 companies have fallen to £31.8bn as of 31 January 2007 - the lowest level since records began, Watson Wyatt has claimed.

The search is under way for the Pensions Personality of the Year - and this year the final shortlist is up to Professional Pensions' readers. In the past, the nominees have been whittled down to a final shortlist by the UK Pensions Awards judges.

AUSTRALIA - AMP Capital has poached Sally Boone from JANA Investment Advisors and appointed her portfolio manager to the international and future directions funds team.