Investment

I now have only a little over one day left to choose my benefits under our company's salary exchange-based flexible benefits package.

UK - Trustees who breach tough new data protection powers could face fines of up to half a million pounds, lawyers warned.

Trustees who breach tough new data protection powers could face fines of up to half a million pounds, lawyers warn.

The CFA Institute and the UK Investment Performance Committee have unveiled new GIPS standards that will require fair value reporting of hard to value assets and more in-depth reporting of risk within an investment strategy.

Readers Digest UK has gone into administration after The Pensions Regulator vetoed an agreement to settle its long-standing pension scheme liability.

US - Alternatives manager Fortress Investment Group has expanded into the traditional bond arena with its purchase of fixed income shop Logan Circle Partners for US$21m in cash.

Some £7.8bn of pension scheme risk transfer deals completed in 2009, despite challenging financial landscape, analysis from Hymans Robertson reveals.

As coming of ages go, defined contribution has had one of the longest ever. The retirement vehicle has had, to say the least, a protracted and troubled adolescence as trustees and employers have largely focused on the risk posed by legacy defined benefit...

MEXICO - The country's state pension fund (afores) posted average returns of 5.5% for the month of January, according to data released by the Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR).

UK/NORWAY - Norwegian fund manager Skagen is setting up an operation in the UK.