NEARLY three-quarters of scheme managers believe that government proposals for a system of personal accounts will lead to a levelling down of private workplace pension provision, an exclusive survey by Professional Pensions reveals.

A childcare scheme launched by P&MM has been hailed as a success with more than 100,000 workers taking up the benefit since its launch late last year.

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NORTHERN Trust Global Investments has appointed William Huffman as chief executive officer of its London-based international business

An online network for local authority pension managers is being launched by Anthony Hodges Consulting.

Sunderland Homecare Associates is offering its 170 employees a healthcare cash plan through specialist provider HealthSure.

BOUTIQUE fund manager Cartesian Capital has won a £105m UK equity mandate from Northern Trust Global Investors.

Aegon adds to SIPP options

UK - Oxfam and FairPensions have warned investing in pharmaceutical companies that try to block poor countries' access to affordable drugs might damage reputations and lead to falling returns.

US - The number of large companies facing high degrees of financial risk from their pension liabilities has dropped by about half over three years to just 9%.