Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 111 - 120 of 155 results for "Pension scheme"

Indian pension funds poised for growth

JOHN MCDULING  |  WEDNESDAY, 22 SEP 2010
... system for government employees shifted from "defined benefit" to "defined contribution" with the launch of the New Pension Scheme (NPS). In 2009, the NPS was opened up to the public, not just government employees, albeit on a voluntary basis, with certain ...

Global and Asian mandates up for grabs

RUTH LIEW  |  WEDNESDAY, 11 AUG 2010
... mandates, according to the tender. The London Borough of Redbridge Pension Fund is part of the overall Local Government Pension Scheme in the UK. With 3.5 million members, the Local Government Pension Scheme is one of the largest public sector pension ...

Korea's big four dominate pensions

COMPANY RELEASE  |  WEDNESDAY, 9 JUN 2010
The top four service providers in Korea administer around half of all funded corporate pension assets in the country, and account for KRW 7 trillion of assets, according to Towers Watson's Korea Pension Report. The new report covers 53 service providers ...

AMP Cap appoints Japan MD

COMPANY RELEASE  |  WEDNESDAY, 2 DEC 2009
AMP Capital Investors has appointed Toshiaki Yamashita as managing director and representative director in Japan after he joined the firm in July in a similar role. Yamashita previously worked at AMP Capital in Japan as acting managing director. He ...

Mercer urges STP implementation

COMPANY RELEASE  |  FRIDAY, 2 OCT 2009
... accurate and up to date," said Claire Ross, head of service implementation at Mercer's pension outsourcing business. "Pension scheme risk has become a serious business issue at the corporate and trustee level. As defined contribution schemes become more ...

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 ...