12/30/2015
Malaysia Pension Fund Plans U.K. Sale in Asset Repatriation Move
As well as getting a higher sale price, the fund will benefit from the sharp rise in sterling against the ringgit over the past two years.
Pensions
12/28/2015
Pension 'apartheid' continues between private and public sectors
New figures show a definitive divide between the pension haves and the pension have-nots in the UK.
12/24/2015
Tax changes make companies consider closing DB schemes
Companies with defined benefit schemes are considering closing them due to changes in tax allowances made in the 2015 Budget according to research from PwC.
12/24/2015
Rabobank in talks to sell $1.1bn home loans each to pension funds
“There has been some thinking about how to make this bank more profitable for a long time now,” Guillaume Lucien-Baugas, a banking analyst at Moody’s Investors Service, said by phone. “The reduction is to be seen in the context of
12/23/2015
Legal & General Completes UK's Largest Medically Underwritten Bulk Annuity Deal
Legal & General Retirement has internationalised its business in 2015, with entry into the US and European pension risk transfer markets.
12/22/2015
Aberdeen Asset Management wins deal to take over Danish portfolio worth £950million
Aberdeen Asset Management has agreed to take over the management of a Danish property portfolio worth £950million.
12/21/2015
Greek Pension fund reserves could fetch millions
Although social security experts argue that the reserves of the funds would in no way cover their financing deficit or resolve the sector’s problems
12/18/2015
Old Mutual sees spike in pension transfer interest after April
According to pension and software provider Selectapension managing director Andy McCabe, demand for advisers to review their clients’ investments has risen sharply
12/17/2015
Sanlam: New Year 2016 Predictions - Pension Industry
New Year 2016 Predictions Pension Industry by Elliott Silk, Head of Employee Benefits at Sanlam
12/16/2015
Legal & General Announces First European Pension Risk Transfer Deal for €200 Million
Legal & General Re was set up in 2014 as a reinsurance hub to grow the international pension risk transfer business.
12/14/2015
Coventry City Council pension fund won't remove investment from 'unethical' companies
Coventry City Council paid £30.6m into the fund last year, with a further £8.6m in contributions from employees
12/14/2015
Aegon revamps default pension funds
All Aegon’s existing workplace funds – which targeted annuities through lifestyle strategies – remain available.
12/09/2015
Conflict Zone for Pension Funds Principled investing can clash with best interests of members
The UK's Law Commission, for example, says that trustees should not proceed on a decision motivated by non-financial factors if it risks significant financial detriment to the fund.
12/03/2015
Assets shrink in Russia's privately managed pension system
Any non-state pension fund that has not applied by the end of this year to join the scheme will be barred from managing mandatory pensions savings.
12/02/2015
Severe income drop looms for UK pensioners
Workers in Britain face one of the sharpest income falls in the developed world when they come to retire, a report has found.
11/30/2015
Seven UK local government pension funds pool assets
Local authority schemes have come under intense pressure to collaborate after Mr Osborne invited proposals on cost cutting and investment pooling last year.
11/30/2015
LGIM extends relationship with ‘The Shires’ LGPS group
LGIM responded rapidly to a demanding timetable for discussion, transition, and implementation of the new arrangements.
11/30/2015
The gap between the new and old state pension is finally clear: a cool £1,900 per year
Comment: the new system has thrown up many anomalies but none comes close to this huge disparity in the basic entitlement, says Richard Evans
11/30/2015
Providers face large scale auto-enrol sell-off
It adds the auto-enrolment market will become unstable if Government and regulators “do not dedicate resources to overseeing the anticipated spike in M&A activity”.
11/26/2015
UK shows off its asset managers to Brazil pension funds
Latin American pension funds are set to increase their international investments.