Gartmore Group today announced an offer price of 220p per ordinary share for its initial public offering on the London Stock Exchange, valuing the company at around £676m.

Fidelity International has hired Ominder Dhillon as head of distribution for its UK institutional business.

Defined contribution schemes could see total assets in excess of £1trn by 2019, a report from Spence Johnson reveals.

UK - A ruling by the UK High Court yesterday has limited the occasions in which employer debts are triggered in a multi-employer scheme.

A ruling by the High Court yesterday has limited the occasions in which employer debts are triggered in a multi-employer scheme.

The Pension Protection Fund took on three more schemes last month resulting in an additional 275 people becoming eligible for compensation from the fund.

Overall investment manager search activity increased in the UK during the first nine months of the year, Mercer says.

UK - Overall investment manager search activity increased in the UK during the first nine months of the year in a sign activity is returning to pre-credit crunch levels, Mercer said.

High earners see relief on pensions shrink; Pensions to cost more to public sector workers; Employers' pension bill rises to £46.1bn

Planned gilt sales are set to rise by £5.2bn to £225.1bn during the 2009-10 financial year, the Debt Management Office says.