Life & Pensions News
Ireland monitors pensions after collapse report
DUBLIN (Reuters) - The Irish government said on Sunday it is closely monitoring the state of pension funds and is preparing long-term plans for the sector, after a newspaper reported the government expects some schemes to collapse. Full Article
USS pension fund eyes alternative assets boost
LONDON (Reuters) - Britain's second-largest pension scheme is mulling a sharp boost in alternative assets such as private equity and commodities and plans to more than double the size of its investment team covering the sector. Full Article
Pension schemes set to up hedge fund exposure-LCP
LONDON (Reuters) - Pension funds are likely to continue raising allocations to hedge funds over the longer term, despite disappointing performance this year, pensions consultant Lane, Clark and Peacock said. Full Article
More Life & Pensions News
Pension watchdogs should ease funding demands-EU
FRANKFURT (Reuters) - National pension regulators should allow schemes longer to build up assets which meet future benefit commitments in the wake of the global financial crisis, said the chairman of the EU committee of insurance and pensions watchdogs. Full Article
Austrian pension fund APK puts off hedge fund bet
FRANKFURT (Reuters) - The Austrian multi-sector pension scheme, APK Pensionskasse, has put on hold plans to more than double its exposure to hedge funds and private equity, its chief executive said on Tuesday. Full Article
Company pension protection rules to be reviewed
LONDON (Reuters) - The government is to review legal safeguards preventing unscrupulous employers from walking away from their pension schemes, after complaints the rules hinder legitimate corporate reorganisations.
Full ArticleLarge pension schemes avoid toxic exposure
LONDON (Reuters) - Pension schemes have a "relatively limited exposure" to toxic assets, the country's pensions watchdog said on Friday.
Full ArticleInsurers impose exit penalties
LONDON (Reuters) - Hundreds of thousands of pension savers and life bond holders with Friends Provident and Aviva unit Norwich Union face hefty charges if they wish to leave their funds early, reports the Financial Times. Full Article
Pension insurer begins Lehman scheme assessment
LONDON (Reuters) - The country's Pension Protection Fund will assess if Lehman Brothers' main UK pension scheme qualifies for its support, the fund said on Wednesday. Full Article
Pensions to tackle counterparty risk
LONDON (Reuters) - The fallout from global market turmoil is forcing pension schemes to re-examine their investment risks and could result in new guidelines outlining how they can manage their exposure to counterparties. Full Article
Commodities
| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 42.37 | -7.25% | 4 Dec 19:44 GMT |
| Gold | 764.8 | -0.48% | 4 Dec 19:43 GMT |
