A new U.K. bill calling for increased regulation of multiple-employer defined contribution plans, known as master trusts, has been welcomed by the retirement industry.
October 20, 2016 | 02:26 pm
The European Central Bank left interest rates and its monthly asset purchase program unchanged, with money managers looking toward the bank's December meeting for guidance on future monetary policy.
October 20, 2016 | 01:58 pm
AustralianSuper and IFM Investors have agreed to pay A$16.2 billion ($12.3 billion) to the Australian state of New South Wales for a 99-year lease on the state's Ausgrid electricity distribution...
October 20, 2016 | 04:40 am
Lee Partridge's job as chief investment officer of Salient Partners has been eliminated in a company restructuring.
October 19, 2016 | 04:06 pm
United Parcel Service Inc., Atlanta, is offering about 50,000 U.S. pension plan participants a lump-sum window.
October 19, 2016 | 05:25 pm
The New Zealand Superannuation Fund Wednesday unveiled a climate change strategy, aimed at improving investment returns while making its NZ$31.4 billion portfolio more resilient to long-term, climate-...
October 19, 2016 | 12:56 am
Crain Communications Inc., the Detroit-based publishing company and parent of Pensions & Investments, announced a series of changes to its defined contribution retirement plan for 2017.
October 19, 2016 | 04:30 pm
David Scully joined hedge fund manager Caledonia Private Investments as vice chairman, USA, part of the Australian manager's expansion into the North American investment management market.
October 19, 2016 | 03:14 pm
Global investors flocking toward the safety of cash have pushed the average global allocation back up to equal the highest allocation of the past 15 years, said Bank of America Merrill Lynch's...
October 19, 2016 | 03:56 pm
Pascal Lamy, former director-general of World Trade Organization, said the best post-Brexit deal for the U.K. would be to stay in the WTO framework on the same terms as other European Union member...
October 19, 2016 | 03:32 pm
Automatic enrollment in the U.K. has been a success so far, but things are about to get more difficult, warned Richard Harrington, the parliamentary undersecretary of state for pensions.
October 19, 2016 | 02:18 pm
The Pensions and Lifetime Savings Association will undertake a comprehensive review of its governance to ensure it continues to support its members and stakeholders, operates effectively and attracts ...
October 19, 2016 | 01:10 pm
Northern Trust Corp.'s assets under management totaled $945.8 billion as of Sept. 30, up 4% from three months earlier and up 7% from a year earlier.
October 19, 2016 | 12:53 pm
The Commodities Futures Trading Commission will address concerns from market participants over the agency's proposed Regulation AT, which would require money managers' algorithm codes to be disclosed ...
October 19, 2016 | 12:45 pm
Morgan Stanley Investment Management reported $417 billion in assets under management as of Sept. 30, up 3% from June 30 and also up 3% from a year earlier.