Pensions

Anova Consulting Group has launched a syndicated study entitled "Private Equity in DC Plans: Retirement Industry Perspectives". »

The OPSEU Pension Trust (OPTrust) has reported gross investment results of 10.1 per cent for 2012, surpassing both its funding target return of 6.5 per cent and its composite benchmark. »

OMERS, one of Canada’s largest pension plans, has seen net assets grow to CAD60.8bn, rising by CAD5.7bn in 2012 and by over CAD17bn since the 2008 global credit crisis. »

The UK National Audit Office (NAO) has expressed concerns that if the British government, in its desperation to attract pension funds to the infrastructure sector, gave large construction risk guarantees for new projects, substantial liabilities could arise for the British taxpayer. »

Following the Chancellor’s announcement that from 2014-15 tax relief will only apply to pension savings of up to GBP40,000 annually, and up to GBP1.25m over a lifetime, the Association of Investment Companies (AIC) has collated quotes from VCT managers who believe VCTs provide a tax effective alternative. »

Hastings Funds Management has been selected by The RBS Group Pension Fund as its partner to develop and manage their private market infrastructure assets.  »