EMPLOYEES working beyond the age of 65 is set to treble by 2017 in a shift that will pose "significant" risks to firms, Aon Consulting warns.
INCLUDING: UK - Minister speaks about M&A, CANADA - Mountie finance chief steps down, UK - FTSE launches new REIT index
THE PENSIONS Regulator has issued a reminder that the consultation on its discussion paper on scheme governance will close on July 13.
FRANCE - The €31.3bn Fonds de Reserve pour les Retraites (FRR) has launched a search for a new currency manger.
IRELAND - The National Pensions Reserve Fund (NPRF) earned an investment return of 12.4% in 2006, according to its 2006 annual report.
COMPANIES are refusing to sign-off "unacceptable" funding agreements with "recklessly prudent" trustees, Professional Pensions can reveal.
UK - Investment management firm Payden & Rygel has launched a Central and Eastern European Equity Fund, exclusively for institutional investors.
UK - Lancashire based ink company Wolstenholme Group has been sold to German firm Eckart GmbH & Co in a deal for around £22m, with the proceeds used to buy out the deficits of its pension fund.
FAS spending is below budget; Funds face fresh pressure over votes; Widows debating annuity sale; Barclays Capital at centre of Bear Stearns concerns
GOVERNMENT needs to take action and force fund managers to reveal their voting record, the TUC claims.