Global Pensions | 11 Mar 2010
UK - The National Association of Pension Funds is set to launch a major review into the standards used for accounting for pensions.
UK - Proposed changes to international accounting standard IAS19 could wipe £8.7bn (US$13.2bn) off reported company profits, Mercer warned.
I’m writing this month’s piece on the eve of the Global Pensions Awards 2010. Tomorrow night’s events are the culmination of months of work, not only from the judges and pension funds who took the time to nominate their providers, but from the asset managers that helped manoeuvre their clients through an unpredictable 2009.
New regulations allow Mexican pension funds access to a broader investment pool, as Giovanni Legorano reports
Pension funds are casting a wider net in search of equity returns, as Alison Swersky reports
UK - Mercer has launched a pension buyout index in anticipation of escalating demand for de-risking products this year.
GLOBAL – The relationship between pension funds and their consultants is changing with scheme managers often asking their advisers to be more proactive with their investment advice, industry experts said.
UK - Towers Watson has expanded its sustainable investment team with a senior hire from Mercer.
The relationship between pension funds and consultants is set to become more symbiotic. Raquel Pichardo-Allison asks if consultants are ready for the challenges ahead
GLOBAL - Nissan Motors has appointed Mercer as global retirement consultant in a bid to strengthen its pensions governance structures.
US - The recovery in equity markets last year helped to improve the funded status of US pension funds, adding an estimated US$180bn to balance sheets, according to a leading pensions’ consultancy.
NETHERLANDS – De Nederlandsche Bank, the Dutch central bank, said it plans to improve the risk management functions at local pension funds after a review of the industry found schemes took on too much investment risk.
UK - Overall investment manager search activity increased in the UK during the first nine months of the year in a sign activity is returning to pre-credit crunch levels, Mercer said.
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EU hits back at Geithner on AIFM directive
230 hedge funds launched in Q4 2009
Goldman sued again on bonuses
Promise of returns lures pension funds back to illiquid strategies
A renewal of private equity