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.
INCLUDING: - AUSTRALIA - Super returns outclass, GLOBAL - IASB ruling, GREECE - Bond investigator...
FUNDS managed by the cash management businesses of the Royal London Group have passed £3bn for the first time.
RHYME Systems has updated its integrated investment management platform rhymeSIGHT with a range of additional functions.
US - The Supreme Court has ruled that investors seeking to sue companies and executives in class action lawsuits must show "cogent and compelling evidence" of intent to defraud.
AUSTRALIA - Public sector employees in Western Australia have been told they will be able to choose their superannuation providers.
THE perceived inflexibility of pension schemes is discouraging people to save for their retirement, a survey by ThePropertyInvestmentMarket.com reveals.
CHINA - Global Pensions has exclusively learnt that New Star International will appoint Francis Leach in a newly created position to develop and manage institutional relationships within the Asia Pacific region.