Macquarie Coms says Canada Pension Plan Investment Board’s takeover has regulatory approvals

September 29th, 2009 TORONTO - The Royal Bank of Canada, which is the country's top bank, Tuesday acquired J.P. Morgan's Investment Advisor Servicing Business.

September 24th, 2009 Canwest to sell stake in Australian broadcasterWINNIPEG, Manitoba — Canadian media giant Canwest Global Communications Corp. is selling its majority stake in Australian broadcaster Ten Network Holdings Ltd.

September 11th, 2009 KOLKATA - India's pension regulator has called for attractive incentives for collection agents in a bid to popularise the new social security scheme as they are the main point of contact between the subscriber and the pension fund. "Incentives are needed as there is no provision for commission under the recently launched NPS (New Pension Scheme)," said Praveen Kumar, executive director of Pension Fund Regulatory and Development Authority executive director here Friday.

July 17th, 2009 Union sets strike vote on Barclays pension closureLONDON — Britain's Unite union said Friday it will ask members to vote next month on whether to strike against Barclays Bank because of the proposed closure of a final salary pension plan. The union, which represents 25,000 employees of the bank, said walkouts would be staged in September if members approve the strike call.

July 15th, 2009 Air Canada reaches deal with mechanics unionTORONTO — The largest union at Air Canada has approved a 21-month labor contract, considered a critical factor in keeping the airline out of bankruptcy court. The International Association of Machinists and Aerospace Workers said Wednesday members voted 60 percent in favor of the deal this week.

July 2nd, 2009 CHENNAI - Expressing satisfaction over pension sector reforms, the government in its Economic Survey 2008-09 has said the new pension system (NPS) will be offered to more segments. "Efforts are underway to extend the NPS to new segments (autonomous bodies, state governments and unorganised sector) and introducing micro-pension initiatives," said the survey tabled in parliament Thursday.

June 29th, 2009 Agrium says CF Industries resisting stillCALGARY, Alberta — The chief executive of Agrium Inc. says rival fertilizer company CF Industries Holdings Inc.

June 16th, 2009 Canadian fund raises bid for Australia's MacquarieTORONTO — A Canadian pension fund is sweetening its bid for Macquarie Communications Infrastructure Group, a communications network company with operations in Australia and the United Kingdom. The Australian company's independent directors are supporting the deal.

May 8th, 2009 Political agents get subpoenas in NY pension probeNEW YORK — Investigators probing influence peddling at the state pension fund have subpoenaed a number of politically connected New Yorkers who picked up big paychecks lobbying former officials at the retirement fund. State officials on Wednesday released a list of dozens of agents who acted as middlemen between investment firms and pension fund officials during the tenure of former comptroller Alan Hevesi.

May 5th, 2009 Detroit official bills Dubai trip to pension planDETROIT — Records show a Detroit official charged the city's police and firefighters pension plan more than $20,000 for a trip to the Persian Gulf emirate of Dubai. The Detroit Free Press says city councilwoman Barbara-Rose Collins booked a nearly $10,000 business-class plane ticket to attend a pension conference in Dubai last fall.

May 2nd, 2009 NEW DELHI - The Communist Party of India-Marxist (CPI-M) Friday sought the chief election commissioner's (CEC) intervention on a newspaper advertisement by the government-run Pension Fund Regulatory and Development Authority. The party was reacting to the advertisement published the same day announcing a new pension system for all eligible citizens in the age group of 18-55.

May 2nd, 2009 NEW DELHI - The Election Commission Saturday asked the Pension Fund Regulatory and Development Authority (PFRDA) to explain why its advertisement of the New Pension Scheme' had been different from the version for which the poll panel had given permission. The poll panel asked the pension authority to explain the deviation and non-compliance with the panel's order for the advertisement which appeared in the Hindu newspaper.

May 1st, 2009 NEW DELHI - Following are the frequently asked questions on the new pension scheme (NPS) launched Friday for all eligible citizens between 18 and 55 years of age: * Who shall be responsible for protecting my interests as a NPS subscriber? A) The Pension Fund Regulatory and Development Authority, the regulator, will protect your interest. * What is the process for enrolling in NPS? A) Eligibility: 18-55 years of age.

May 1st, 2009 SYDNEY - The head of Australia's most admired financial institution was stoic Friday after taking a 99 percent pay cut following investment bank Macquarie Group's first fall in profit in 17 years. Macquarie chief executive Nicholas Moore saw his annual pay dip from 26 million Australian dollars ($18 million) to a relatively paltry 290,756 Australian dollars.

May 1st, 2009 Macquarie Bank profits collapse 52 percentSYDNEY — Australia's Macquarie Bank, once nicknamed the millionaire's factory for the number of executives it made rich, said Friday its profits halved last year, and slashed 2.5 billion Australian dollars ($1.8 billion) from its asset values because of the global financial crisis. Net profit for the 12 months to March 31 was AU$871 million ($635 million), a 52 percent fall from the AU$1.8 billion earned a year earlier, Australia's largest investment bank said.