Investment

GLOBAL - Nissan Motors has appointed Mercer as global retirement consultant in a bid to strengthen its pensions governance structures.

Retirement savers should consider taking their tax-free lump sum now to avoid possible new tax charges after the general election, BDO Investment Management says.

CANADA - Caisse de dépôt et placement du Québec will focus on generating returns in line with its liabilities and simplify the schemes investments as it tries to recover from the financial crisis, its chief executive said.

Strong equity performance spurred a median 20.5% return for pooled balanced funds during 2009, latest BNY Mellon Asset Servicing CAPS figures reveal.

More than 40% of people aged 55 or above intend to opt-out of auto-enrolment after its introduction in 2012, B&CE research shows.

Lawrence Churchill is to leave the Pension Protection Fund to become the first chairman of NEST Corporation.

Member fees will increase if investment guarantees are introduced into workplace defined contribution schemes, MetLife Europe warns

AllianceBernstein has launched a default investment strategy for defined contribution schemes.

Transparency and liquidity risk have overtaken poor performance as the top concerns for institutional investors with hedge fund allocations, research shows.

Control of Freedom SIPP has been given to Mattioli Woods by the scheme's liquidators.