UK - iShares is offering fixed income ex-financials funds in its latest range of nine ETFs to be launched on the London Stock Exchange on Monday.

Employers seeking to reduce costs should consider explicitly targeting employee benefits in a bid to mitigate the unintended consequences of pay cuts on pensions, a HSBC Actuaries and Consultants report says.

Daily Mail and General Trust is shutting its final salary pension scheme to new employees joining from October, the media group says.

The Pensions Regulator could move to make data integrity checks mandatory if record keeping guidelines are not properly adopted, administration providers say.

UK - Finance directors should brace themselves to report higher pension liabilities as the credit spread falls back from its peak, HamishWilson said.

US - The California Public Employees' Retirement System (CalPERS) has endorsed new principles for private equity relationships that aim to improve the alignment of interests among partners, governance and transparency.

Pension transfers using the industry Options system took 11 calendar days in the second quarter of the year, latest Association of British Insurers data reveals.

Finance directors should brace themselves to report higher pension liabilities as the credit spread falls back from its peak, HamishWilson says.

GLOBAL - Thomson Reuters has unveiled a range of 800 indices covering global markets - benchmarking specific countries and sectors on which investment vehicles such as exchange traded funds can be based.

Thomson Reuters has unveiled a range of 800 indices covering global markets to help benchmark specific countries and sectors on which investment vehicles such as exchange traded funds can be based.