All articles by Nyree Stewart – Page 68
-
NewsFalkirk targets passive manager for 'flexibility'
[15:27 CEST 16-07] UK – Falkirk Council Pension Fund is searching for a passive manager to run an equity portfolio worth up to £325m (€410m).
-
News
Gloucestershire loses 'focus' on Hermes
[16:45 CEST 15-07] UK – Gloucestershire County Council has confirmed its £906m (€1.1bn) pension fund terminated its contract with Hermes' UK equity Focus Fund, as the investment had "already seen the best of its market".
-
NewsCamden starts first phase of portfolio restructure
[14:55 CEST 15-07] UK – The London Borough of Camden has started the restructuring of its pension fund portfolio, issuing tenders for passively-managed securities, fixed income and active global equities.
-
NewsASB given 'swap' alternative to 'risk free' discount rate
[13:16 CEST 15-07] UK – Pension fund associations have urged the Accounting Standards Board (ASB) to revise plans to introduce 'risk-free' discount rates for pension liabilities, and instead look at swap rates combined with a "sustainable" corporate bond spread.
-
NewsDáil to grill NPRF over Zimbabwe
[14:21 CEST 14-07] IRELAND – The National Pension Reserve Fund (NPRF) has been called to give evidence to the Irish Parliament's joint committee on foreign affairs over Zimbabwe.
-
News
Focus funds 'disappointed' BT scheme in 2007
[12:48 CEST 14-07] UK – The £39.7bn (€49.7bn) BT Pension Scheme (BTPS) has revealed investment in the scheme's activist Focus fund range "disappointed" in 2007, following growing uncertainty in global equity markets and increasing investor caution.
-
News
NPRF to raise concerns over Zimbabwe investments
[16:10 CEST 11-07] IRELAND – The Commission of the National Pensions Reserve Fund (NPRF) has refuted claims that the fund invests around 3% of its assets in Zimbabwe-based companies.
-
NewsBuyout prices to rise as market hits capacity
[16:07 CEST 11-07] UK – Increased regulatory and accounting pressures are encouraging pension schemes to de-risk, but Pension Capital Strategies (PCS) has warned prices will edge up as a number of players reach capacity.
-
NewsHaringey splits investment and actuarial advice
[15:46 CEST 11-07] UK – The London Borough of Haringey has split the investment and actuarial services for its £605.2m (€757m) pension fund between Hewitt Associates and Hymans Robertson.
-
News
UK unions warn of BBC pensions strike
UK – Trade unions have warned they may resort to industrial action if the BBC continues with plans to raise employee contributions, despite a £275m surplus.
-
News
Liverpool pushes again for Merseyside ethical policy
[14:40 CEST 10-07] UK – Members of Liverpool City Council have voted unanimously to pressure Merseyside Pension Fund to ballot participants on an ethical investment policy.
-
News
Kingston adds custodian to search list
[13:20 CEST 10-07] UK – The Royal Borough of Kingston upon Thames is seeking a global custodian to provide services to its local government pension scheme.
-
News
Barnet seeks scheme actuary
[12:55 CEST 10-07] UK – The London Borough of Barnet is tendering a contract for the provision of actuarial services to its local government pension scheme (LGPS).
-
News
Norwegian power company re-tenders DB scheme
[16:15 CEST 09-07] NORWAY – Sogn og Fjordane Energi AS (SFE), the Norwegian power company, is tendering a public contract for the provision of services to its occupational pension scheme.
-
News
NPRF under pressure over Zimbabwe investments
[16:00 CEST 09-07] IRELAND – The Irish National Pension Reserve Fund has come under pressure to conduct a full ethical review of its investment strategy following the discovery that it invests more than €575m in companies operating in Zimbabwe.
-
News
SwissRe 'buyout' team to target European schemes
[15:30 CEST 09-07] UK/EUROPE – SwissRe has confirmed it is launching a new division of the company in September which specialises in de-risking solutions for pension schemes, including buyouts.
-
News
TLPs could be 'foundation' for wider mortality market
[16:55 CEST 08-07] UK – Traded Life Policies (TLPs) could become a successful new asset class and provide a "firm foundation" for the development of the wider life market in trading mortality and longevity-indexed securities and derivatives, according to research from the Pensions Institute at CASS Business School.
-
News
Gov't targets annual reconciliation solution
[14:00 CEST 08-07] UK – The government may use an annual reconciliation mechanism as the solution to the potential benefit gap between personal accounts and employer sponsored schemes caused by the current definition of the "qualifying earnings" limit.
-
News
DWP to discuss reporting concerns with ASB
[16:40 CEST 07-07] UK – The UK government has confirmed it intends to make "representations" to the Accounting Standards Board (ASB) over its proposals to change the way pension fund assets and liabilities are reported.
-
News
AFP contributions rose 12.4% in 2007
[16:25 CEST NORWAY – Contributions to the Norwegian early-retirement Avtalefestet Pensjon (AFP) scheme increased by 12.4% in 2007, Statistics Norway has revealed.
