UK/US - Aviva has acquired US equity manager River Road Asset Management as it looks to grow its institutional business and expand in the US market.
US - Goldman Sachs Asset Management said it would not raise the base fee on its Global Tactical Asset Allocation fund back to its original level until the start of next year.
More than a quarter of employees are worried about their company pension scheme's performance or have opted not to join it over performance fears, research shows.
Millions could retire into poverty unless the government establishes a standing commission to address inadequate private sector pension provision, the Association of Consulting Actuaries warns.
The current rules and regulations surrounding retirement income are ‘not fit for purpose' according to the Association of British Insurers.
The number of people aged 100 and over will double over the next 10 years, latest Office for National Statistics data reveals.
The Pension Protection Fund has gone out to tender for a global custodian.
Pension Protection Fund chairman Lawrence Churchill and The Pensions Advisory Service chairman Margaret Snowdon are among those recognised with New Year honours.
In the second part of our run-down of the top 10 most read Professional Pensions Online articles in 2009, we look at the five most popular stories of the year.