ROYAL MAIL Pension Plan chairman Jane Newell has been appointed as a non-executive director of bulk annuity specialist Synesis Life.

US - The Bank of New York saw its asset management and private banking revenues increase 23% in the third quarter compared to the same period in 2005.

PARTNERSHIP Assurance has launched a new annuity for protected rights funds.

GLOBAL - SEI Investments Company achieved a significant 23% increase in its third quarter profit while revenue was up more than half, thanks largely to the consolidation its equity stake in LSV Asset Management.

HUNDREDS of pensioners across the UK are set to lobby parliament demanding that the government addresses their needs.

UK - In a proposed flotation said to be worth £500m, BlueBay Asset Management is set to list on the London Stock Exchange (LSE), allowing an exit for shareholders Barclays and Shinsei Bank.

The Pensions Regulator bends rules for BT; Pension changes give boost to Legal & General; Equitable Life delay hits European report; Schroders chief to miss £2.5m bonus

LEGAL & General is adding a podcast to its website to help its pension customers make their contracting-out decision for the 2006/2007 tax year.

US - Nasdaq Global Funds have announced it will transfer sponsorship of the NASDAQ-100 Index Tracking Stock, the NASDAQ-100 European Tracker, and the four BLDRS Index Funds Trusts to PowerShares Capital Management.

TRUSTEES have been warned they may not be able to trust consultants' advice on scheme buyouts.