AUSTRALIA - Staff could avoid paying an additional tax of up to 35% on employer's superannuation contributions by amending disclosure rules to allow employers to provide their employees' tax file numbers (TFN) to superannuation funds, Mercer has claimed....
UK - The DWP yesterday announced that from April 2008 pension transfer values would be calculated according to the expected cost to the scheme providing the pension.
Contracted-out workers are being urged to resist "aggressive" cold calls from firms that are offering the chance of compensation.
JP MORGAN Asset Management defectors Miles Geldard and Lee Manzi are to run two new funds for MPC Investors.
HSBC Investments has launched two new pooled quant funds for UK institutional investors.
UK - Scottish Widows Investment Partnership (SWIP) has appointed WestLB Mellon's Craig Veysey as global bond product head.
AUSTRALIA - Frank Gullone has resigned as CEO of superannuation administrator Superpartners, after more than four years in the role.
SCHEMES will fail match liabilities properly if they use property as a proxy for bonds in liability-driven investment strategies, Schroders warns.
Pension deficit could be £100bn; Sharp change likely in emerging markets
THE WEST Yorkshire Pension Fund and the Royal County of Berkshire Pension Fund are among 14 investors that have signed up to Schroder's European property fund of funds.