FRANCE - The €29.1bn French Pensions Reserve Fund, Fonds De Reserve Pour Les Retraites (FRR), bounced back from a weak second quarter to increase its Assets under Management (AuM) by €1.5bn in Q3.

MALAYSIA - THe Employees Provident Fund has modelled its performance management approach on the balanced scorecard methodology (BSC) in an effort to encourage a performance-based culture.

THE ACTUARIAL PROFESSION has announced revisions to its technical memorandum on statutory money purchase illustrations.

British Airways' bosses have rejected union calls to cap pensions as part of deal to plug a £2.1bn deficit.

AUSTRALIA - A Bill that would allow the Australian Securities and Investments Commission (ASIC) to enter into co-operative audit arrangement with foreign regulatory bodies was today introduced to parliament.

New Anglo Irish bond

Gloria Jean's Coffees has promised staff a world of "special offers and discounts" after implementing a new benefits package to coincide with a recruitment drive.

THE FINANCIAL Services Authority has publicly censured GD Tancred Financial Services for not clearly explaining the risks of income withdrawal to customers with small pension pots.

OVER 60pc of UK adults who have not reached retirement would consider living abroad for financial reasons, a survey by EveryInvestor reveals.

JPMORGAN Asset Management has launched a pooled diversified growth fund for defined benefit and defined contribution pension investors.