INVESTMENT managers will find it difficult to justify above average fees unless they spell out their competitive advantages, Mercer Investment Consulting says.

Earnings link to pensions restored no later than 2015; More employers to ditch final salary; JPMorgan eyes new pensions markets in US; Old Mutual hit by currency and costs

MPC INVESTORS is launching a new hedge fund

ITALY - The Association for the Taxation of Financial Transactions for the Aid of Citizens (ATTAC) in Italy has slammed unions for agreeing to bring the pension reform forward.

JARDINE Lloyd Thompson Benefit Solutions has announced that it will pay a charge levied on schemes for actuarial standards.

CAPITA Life and Pensions has secured a 10 year contract to supply specialist investment administration to Scottish Life's pension portfolio plan.

ABN AMRO Asset Management has expanded its global product specialist group with two hires.

NEARLY one in four Brits say saving for a pension is one of their top financial priorities, according to research by Alliance Trust Savings.

US — Asset management firm Dreyfus Corporation has announced Phil Maisano, alternative investments head for Mellon Asset Management (MAM), is to take on the additional roles of Dreyfus CIO and vice chairman effective immediately.

UK - The "remarkable pace of change" witnessed as corporate pensions schemes switch from DB to DC is set to continue, found the Towers Perrin "UK Corporate Pensions Survey 2006".