News

Beleaguered transport group Sea Containers is continuing talks with its pension fund creditors amid reports that two executives were each paid over £1m last year.

Bill Muysken, global head of research at Mercer Investment Consulting, is to join hedge fund multi-manager outfit, Thames River Capital.

NETHERLANDS - PGGM has confirmed it is looking into further Collaterised Loan Obligations (CLOs), but only with ABN AMRO at present, after the two concluded a deal worth around €15.5bn last month.

PENSION schemes and other institutions invested almost £4bn in overseas securities during the third quarter of 2006, latest figures reveal.

ITN strikes on cards

ASPEN Annuities has launched a new online calculator to give scheme administrators and members real-time annuity quotes.

REGULATORS are failing to give proper priority to risks faced by defined contribution scheme members, Aegon Scottish Equitable says.

A new service that allows trustees to compare actuarial assumptions with other schemes has been launched by Compact Analysis.

Divorcees do not have a legal right to claim a share of any Pension Protection Fund payouts to their former partners, the government has confirmed.

NETHERLANDS - ING Group is set to acquire independent Dutch pension services provider AZL for €65m which will combined both firms' pension administration activities.