European Union plans to make pensions more portable will not apply to closed schemes following a series of amendments in the EU parliament.

THE Pension Protection Fund is to launch a monthly index detailing the latest estimated funding positions of 7800 defined benefit schemes against their PPF liabilities.

F&C Alternative Investments is targeting pension funds and other institutional investors as it starts fundraising for its foreign exchange hedge fund.

Scottish Widows Investment Partnership has appointed Tony Owens as finance director.

BLACKROCK has appointed Emma Douglas as head of defined contribution sales.

Administration processes are too slow and will have a negative impact on the government's proposed personal accounts, Cashfac warns.

OUTSTANDING performance in the financial services industry will be rewarded at this year's expanded Gold Standard Awards.

THE Royal County of Berkshire Pension Fund has appointed Nick Greenwood as pension fund manager to succeed Jack Johnson who retired after 12 years in the role.

TRANSPARENCY on fund management engagement among fund management firms is increasing, latest Investment Management Association research reveals.

BARING Asset Management chief investment officer Michael Hughes will retire at the end of this year.