Merrill Lynch Investment Managers has appointed Eilin O'Carroll as vice-president of product development.

THE ASSOCIATION of British Insurers has called for review of the executive pension arrangements of the UK's FTSE 350 companies.

SWEDEN - Failure to hedge its US dollar denominated assets cost the Second Swedish National Pension Fund/AP2 SEK1.7bn (e185m) over the first half of 2006.

INCREASING numbers of people are working beyond traditional retirement ages - ratcheting up unemployment amongst younger workers.

GOVERNMENT pension reforms will increase the number of savers but reduce saving levels, bosses predict.

Inflated pension payouts for top bosses must be curbed; PIMCO bets on global slump; Working pensioners drive up unemployed; City bonuses reach record £19bn

US - The median performance of pension funds dropped into the negative during the second quarter as public pension plans faired slightly better than their corporate counterparts, according to Wilshire's Trust Universe Comparison Service (TUCS).

Schemes will move out of hedge funds if the Pension Protection Fund tars them all with the same brush when fixing risk-based levies, managers warn.

GE LIFE has teamed up with Savills Property Management in a bid to offer commercial property as part of its self-invested personal pension (SIPP).

AUSTRALIA - The Commonwealth Superannuation scheme posted impressive second half returns to finish the year ending 30 June at an estimated 13.7% increase, the fund's third consecutive double digit return.