Investment

Richard Reid has stood down from his role as chief executive following JLT Group's purchase of HSBC Actuaries and Consultants.

EUROPE - The European Fund and Asset Management Association (EFAMA) has hired consultant McKinsey to formulate proposals aimed at the European Commission on fund distribution and long-term savings.

UK - The Information Commissioner's Office has ruled Verity Trustees, the independent trustees for The Pensions Trust, breached the Data Protection Act when unencrypted personal data of 110,000 scheme members was stolen from its software provider.

GLOBAL - Schemes need to prepare for the return of inflation in case central banks fail to control upward pressure on prices, Watson Wyatt said.

Some 20 million savers think politicians will not deal with major pensions issues effectively, research shows.

Schemes need to prepare for the return of inflation in case central banks fail to control upward pressure on prices, Watson Wyatt says.

Here it is: The entire PP Show 2009 condensed to a 40 second video.

UK - Personal accounts will definitely see its name changed before its introduction in 2012, Helen Dean said.

EMERGING MARKETS - Fundamentally weighted indices perform better in emerging markets than capitalisation weighted indices, according to Research Affiliates chief investment officer Jason Hsu.

UK - The majority of pension funds want to see the government issue more long-dated and index-linked gilts, the National Association of Pensions Funds' Annual Survey showed.