All articles by Nyree Stewart – Page 87
-
News
Rolls-Royce secure pensions top-up deal
[15:00 CET 20-12] UK - Rolls-Royce Group has completed its payment of £500m (€694.4m) into its three defined benefit pension plans after trustees agreed to a lower risk investment strategy.
-
News
ABN AMRO completes custody sale
[14:30 CET 20-12] Dutch bank ABN AMRO has completed the sale of its 50% stake in ABN AMRO Mellon Global Securities Services to the Bank of New York Mellon.
-
News
Unison awards SRI mandate
[15:00 CET 19-12] UK - Unison's Staff Pension Scheme has awarded its £140m (€195m) socially responsible investment equity portfolio mandate to Standard Life Investments.
-
News
CalPERS pursues infrastructure and private equity
[12:30 CET 19-12] US - The California Public Employees Retirement System (CalPERS) has adopted a new asset allocation mix which will see $29bn shift out of bonds and equities to finance increased investment in private equity, infrastructure and real estate.
-
News
Newsquest proposals slammed by MPs
[11:00 CET 18-12] UK - MPs in the House of Commons have criticised plans by UK publishing house Newsquest to alter its final salary pension scheme.
-
News
Regulator sees DB surpluses climb £52.7bn
[16:15 CET 18-12] UK - Over 5,800 defined benefit schemes have increased their aggregate surplus by £52.7bn (€73.7bn) over the last year, according to the Purple Book 2007.
-
News
Head of OTP Fond de Pensii quits
ROMANIA - The chief executive of the Romanian pension fund manager OTP Fond de Pensii has resigned over strategic differences.
-
News
Arek Oy signs five-year deal with IBM
[12:00 CET 18-12] FINLAND - Arek Oy has agreed a five-year deal to allow IBM to manage its IT infrastructure starting immediately.
-
News
Weir Group sells part of £550m fund to L&G
[16:40 CET 17-12] UK - Legal & General Group has agreed to provide the future pension payments of 4,500 existing pensioners of the Weir Group Pension & Retirement Savings Scheme in a deal worth almost £250m (€351m).
-
News
DWP finances collapsed pensions with scheme top-up
[15:00 CET 17-12] UK - The UK government is extending its Financial Assistance Scheme by £935m (€1.31bn) to help 140,000 members of failed occupational schemes by combining the residual scheme assets with a government top-up.
