MEMBERS of defined contribution plans outweigh those of more attractive defined benefit schemes for the first time, according to the Association of British Insurers.

Mobile phone provider Orange is launching an online financial education programme to help staff understand the full value of their benefits.

BENELUX - BlackRock Merrill Lynch Investment Managers (BlackRock MLIM) has appointed Mark Schipper marketing manager for the Benelux region.

Schemes face a "race against time" after ministers ruled out a compliance window for implementing new age discrimination rules, experts warn.

FRANCE - In its third quarter results, Crédit Agricole Asset Management (CAAM) has reported assets under management (AUM) of €522.2bn.

UNIONS remain unhappy with British Airways' revised pension proposals despite them being approved by trustees.

SEVENTY per cent of schemes have no policy for managing conflicts of interest on trustee boards, delegates heard.

The High Court has given trustees a "timely reminder" that schemes will be exposed to legal action unless member booklets accurately reflect deeds, lawyers warn.

F&C ASSET Management has expanded the criteria it uses to judge whether investments are suitable for its Stewardship range of responsible investment funds.

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