CREDIT SUISSE has appointed Paul Bourdon as managing director and head of its European pension solutions group in its asset management business.
EMPLOYERS and trustees should work together to wipe pensions from the boardroom agenda and consolidate policy that allows them to deliver their promises, claims a leading consultant.
AGE-RELATED rules that restrict the sale of life and protection insurance to people over 70 should be scrapped, says the Association of British Insurers.
State pensions costs soar; Trustees spend more time on new pensions regulations; The Pensions Regulator has yet to show its teeth; Miller takes break from New Star
NEW ZEALAND - The NZ$10.1bn New Zealand Superannuation Fund recorded an impressive 19.2% return for the year ended June 2006 thanks to "bouyant" global equity markets.
UK - The Association of British Insurers has refuted the claim that Fidelity International's model for personal accounts was a stronger alternative than the one drawn up by the ABI.
JPMORGAN has appointed Costas Yiasoumi as a vice president in its pension advisory group for Europe, Middle Ease and Africa (EMEA).
UK - Simon Melluish, previously head of US equities at Gartmore, has returned to the firm to take up a new role in the global equities team.
US - Local governments' pension contribution rates will decline in 2008, the third decrease in three years, since they peaked at 12% in 2005, announced New York state comptroller Alan Hevesi.
US - Organisations representing public retirement systems, governments and employees said the erosion of confidence in retirement security must be addressed.