Investment

SWEDEN - AP7's Premium Savings and Premium Choice funds both bounced back last year after a torrid 2008.

JAPAN - Religare Enterprises hired a team from KBC Financial Products to tackle the Japanese asset management market.

The Pensions Management Institute has teamed up with Standard Life to form a research partnership looking at defined contribution provision.

The Association of Consulting Actuaries has launched a six-point Retirement Income Manifesto ahead of the general election to address the "alarming decline" in private pension savings.

UK - The Nestlé UK Pension Fund is changing its defined benefit scheme from a final salary to career average.

The expected charging structure for the National Employment Savings Trust has been announced by the government.

UK - The expected charging structure for the National Employment Savings Trust (NEST) has been announced by the UK government.

Schemes looking to cut investment costs through the use of pooled funds actually face 30% higher annual manager fees, Lane Clark & Peacock warns.

UK - Schemes looking to cut investment costs through the use of pooled funds actually face 30% higher annual manager fees, Lane Clark & Peacock warned.

The Pensions Regulator is appealing a court decision to stop its attempts to seek £2.1bn from Nortel Networks on behalf of the struggling UK pension scheme.