News

The £714m Shropshire County Pension Fund has appointed Aon Hewitt as its investment consultant.

NETHERLANDS - Asset manager Robeco has named Jurgen Stegmann as chief financial officer.

GLOBAL - More and more pension funds in emerging markets are forgoing global equities in favour of emerging market equities, said Nick Lyster, European chief executive at Principal Global Investors.

IRELAND - Aon Hewitt has appointed Rachael Ingle and Donal Casey as joint managing directors in Ireland.

GLOBAL - Goldman Sachs Asset Management has launched a long-only equity fund comprising 11 emerging markets to give investors the chance to capitalise on future growth economies.

UK - Unite has issued details of the legal action it is taking against Ford over the pensions advice it gave to former employees.

EUROPE - European leaders are winning over investors as they try to keep the single-currency bloc intact, raising the appeal of the region's so-called rescue bonds, said Timo Loeyttyniemi, the head of Finland's state pension fund.

The government has published the Independent Commission on Equitable Life Payments' report, which recommends how compensation worth £775m should be divided up.

Employee demand for online financial tools to manage retirement benefits is far outpacing what employers are actually providing, Mercer research finds.

Unite has issued details of the legal action it is taking against Ford over the pensions advice it gave to former employees.