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Showing 91 - 100 of 130 results for "Pension Scheme"

Clock ticking for UK defined benefit schemes

COMPANY RELEASE  |  THURSDAY, 20 AUG 2009
... serving staff." The consultancy said among the reasons firms are closing schemes include the poor economy and new pension scheme valuation results.

BNY Mellon to buy Insight

COMPANY RELEASE  |  FRIDAY, 14 AUG 2009
The Bank of New York Mellon is looking to acquire Insight Investment Management from Lloyds Banking Group for $464 million. In a press statement yesterday, BNY Mellon announced it would be buying Insight Investment which specialises in LDI (Liability ...

Funds resist SG "me too" pension scheme

MICHELLE BALTAZAR  |  WEDNESDAY, 12 AUG 2009
... Majority of pension funds in the UK and Europe said that a contribution rate of 8 per cent on a proposed national pension scheme will not really help workers in the low to middle income groups, a new survey found. The Penrose Financial survey conducted ...

Watson Wyatt wins HSBC pension admin

PRESS RELEASE  |  MONDAY, 13 JUL 2009
HSBC Bank Pension Trust, one of the largest private sector pension schemes in the UK, appointed Watson Wyatt as administrator. The fund hired Watson Wyatt to provide accounting and treasury services in addition to administration in the first quarter ...

Cbus CEO wins UN PRI board seat

MICHAEL HOBBS  |  FRIDAY, 10 JUL 2009
... members from around the world on the board. The previous board included Donald MacDonald, trustee at British Telecom Pension Scheme; Anne Stausboll, assistant executive officer of investment at CalPERS and Howard Jacobs, trustee at Universities Superannuation ...

UK pensions demand more face time with fundies

PRESS RELEASE  |  TUESDAY, 7 JUL 2009
A survey of UK workplace pension funds representing $400 billion in assets found pension funds are putting more fund managers on a "regular performance review". The National Association of Pension Funds (NAPF), which 1,200 pension funds and $1.6 trillion ...

State Street wins $8b Rio mandate

COMPANY RELEASE  |  WEDNESDAY, 10 JUN 2009
State Street Corporation has been appointed by Rio Tinto to provide investment services for $8 billion in assets. State Street will provide Rio Tinto with custody, fund accounting, securities lending and investment analytics services for its Canadian ...

UK DB plans must shape up

COMPANY RELEASE  |  FRIDAY, 5 JUN 2009
UK fund trustees must become far more proactive in managing the funding status and investment risk, according to Mercer. A recent Mercer report found defined benefit pension schemes are under increasing pressure as buyouts become less feasible and the ...

Ten years is too short: CBI

RUTH LIEW  |  WEDNESDAY, 27 MAY 2009
The UK's pension regulator should investigate the funding plans of companies where deficit repayments will take more than 15 years, rather than the current ten, said a key industry body. According to an "eight point action plan" by UK business industry ...

AIST chair set sights on UN PRI board

MICHAEL HOBBS  |  WEDNESDAY, 20 MAY 2009
... are currently no Australians on the UN PRI board. Current board members include Donald MacDonald, British Telecom Pension Scheme trustee and Glen Saunders, New Zealand Superannuation Fund trustee. The UN PRI has around 500 signatories across asset owners ...