FUND OF hedge funds Aida is to list on the London Stock Exchange.

UK - Investment managers are facing difficulties in calculating the true cost of the integration of MiFID programmes into their existing projects, Investit Intelligence has found.

THE INFLATION rate for those aged over 75 jumped to 4.1pc in October, data from the Alliance Trust Research Centre shows.

UK - KPMG International has set up an international standards group in London in a bid to achieve global consistency in the application of IFRS and International Standards on Auditing (ISAs).

CANADA - Mandatory retirement at 65 was today abolished for Ontario workers, with one of the province's largest pension funds claiming the change would have a minimal impact on overall pension costs.

TRUSTEES need better tools in order to cope with the new regulatory environment, latest research by eShare finds.

JOHN LEWIS Partnership has appointed JP Morgan Asset Management to manage an active Japanese equity brief worth £50m

SCHEME wind-up victims are set to brave the cold tomorrow morning in protest over lost pensions.

EUROPE - Significant changes to the way discount rates and other assumptions are determined will be expected as EU states implement the Institutions for Occupational Retirement Provisions (IORPs) directive, a survey has shown.

UK - John Lewis Partnership Pensions Trust has appointed JPMorgan Asset Management to manage a £50m Japanese equities mandate.