All articles by Nyree Stewart – Page 21
-
News
London transport authority seeks legal review of PPF levy
[16:00 CET 04-11] UK – Transport for London (TfL) is seeking a judicial review against the Pension Protection Fund (PPF) over an "unreasonable" levy of £9m (€10m) relating to the pension funds of the failed infrastructure provider Metronet.
-
News
UK roundup: Environment Agency, Leeds University, City of London
[15:00 CET 04-11] UK – The Environment Agency's £1.4bn (€1.6bn) Active Pension Fund has extended a global equity mandate. The University of Leeds is seeking a property manager for its non-USS pension scheme, and the City of London is searching for investment consultants.
-
News
Wednesday people roundup
[14:00 CET 04-11] GLOBAL – CEIOPS, Pension Protection Fund, Association of British Insurers, AP3, JP Morgan Asset Management, Pitmans Trustees Limited, Martin Currie Investment Management, Invesco Asset Management, Pictet Funds
-
News
Longevity market could double in 2010
[16:40 CET 03-11] UK - Longevity deals by pension funds could double in 2010 as the market is starting to see a convergence on price following the first few deals.
-
News
Etera assets increase by €340m in Q3
[16:55 CET 03-11] FINLAND – Etera Mutual Insurance Company has reported a nine-month return of 8.3% and said the market value of its assets has increased to €5.2bn.
-
News
Poor governance hit Irish pensions funding - experts
[16:45 CET 02-11] IRELAND - Pensions experts have claimed that a lack of focus on governance strategy had as much to do with the recent lower funding levels of Irish pension schemes as investment strategy.
-
News
UK roundup: Suffolk and Merseyside
[13:00 CET 02-11] UK – Suffolk County Council has awarded contracts for actuarial, investment and procurement support services for its £1.1bn (€1.23bn) pension fund. Meanwhile Merseyside Pension Fund is seeking investment advisers for the scheme's investment monitoring working party.
-
News
LPFA calls for commission to assess LGPS sustainability
[17:00 CEST 30-10] UK – The UK government should establish an independent commission to examine potential solutions to keep the Local Government Pension Scheme (LGPS) sustainable, according to the London Pension Fund Authority (LPFA).
-
NewsATP rebounds with 6.6% return in nine months
[13:00 CEST 30-10] DENMARK – ATP Group has almost recouped the losses it sustained in 2008 and reported an overall investment return of 6.6%, or DKK22.2bn (€2.98bn), in the first nine months of 2009.
-
NewsAP6 signals shift in investment strategy
[16:30 CEST 29-10] SWEDEN - Sjätte AP-fonden (AP6), the Sixth Swedish National Pension Fund, has signalled a change of strategy going forward away from investment in "young growth companies".
-
News
UK minister calls on P8 to invest in low carbon services
[14:00 CEST 29-10] UK/GLOBAL – The 'P8 Group' of public pension funds has been urged by the UK government to cooperate with governments and development banks to help finance low carbon infrastructure and technologies.
-
News96% of UK DC funds offer investment choice
[16:40 CEST 28-10] UK – Latest figures from the Office for National Statistics (ONS) have revealed that over 90% of active members of defined contributions are offered a choice as to how they invest their money.
-
NewsPension Fennia posts 8.1% return
[16:40 CEST 28-10] FINLAND - Eläke Fennia Mutual Pension Insurance Company boosted its coffers in the first nine months of this year thanks to a 8.1% return driven by equity investments.
-
NewsUK roundup: Havering, East Sussex, Lincolnshire
[16:30 CEST 28-10] UK – The London Borough of Havering has issued a tender for a multi-asset absolute return bond manager to run around 5% of the fund, alongside a search for a passive equities manager. East Sussex Council is seeking a provider of a corporate governance overlay service for ...
-
NewsUK gov't clarifies rules for personal account trustees
[16:40 CEST 27-10] UK – The trustee corporation behind the proposed UK personal accounts regime will be given a specific requirement in the legislation to make information about deductions or charges transparent to members when they are auto-enrolled in the scheme.
-
News
Half of UK DC schemes need to improve communication
[15:45 CEST 27-10] UK – A review of the communications issued by trustees or insurers to members of defined contribution (DC) schemes has found more than half have scope for improvement, according to the Pensions Regulator (TPR).
-
News
Swedish architects' fund returns 7.8%
[16:15 CET 26-10] SWEDEN – AI Pension, the SEK 4.4bn (€432,6bn) fund for architects and engineers, has reported a return of 7.8% in the period between January and September 2009.
-
News
UK roundup: Tyne & Wear review, AA Pension Scheme, Staffs
[15:00 CET 26-10] UK – The £3.8bn (€4.1bn) Tyne and Wear Pension Fund has revealed it expects to tender a number of investment mandates in the next two months. The AA pension fund has appointed Hewitt for consultancy services and Staffordshire is seeking an investment consultant.
-
News
IBOA's legal threat over Ulster pay and pensions
[16:30 CEST 23-10] IRELAND – The Irish Bank Officials Association (IBOA) is preparing to take legal action against Ulster Bank, a subsidiary of the Royal Bank of Scotland (RBS), and has raised concerns with the Pensions Board following a breakdown of talks on pay and pensions.
-
News
Nottinghamshire approves pension merger
[16:15 CEST 23-10] UK – Nottinghamshire County Council has approved the merger of its two local government pension funds (LGPS) following an additional report into the impact on contribution rates.
