Overlay Asset Management has launched two single hedge currency funds in a bid to broaden its offering to pension schemes.
Pension schemes should encourage members of defined contribution schemes to personalise their investment strategies by helping them set individual journey plans, a Watson Wyatt paper says.
AUSTRALIA - Aviva Australia has launched an integrated separately managed account for superannuation investors in a bid to take advantage of increasing interest in self-managed accounts.
US - The California Senate has passed a bill requiring more disclosure by placement agents looking for business from government pension funds.
Whitbread is set to close the defined benefit section of its group pension fund to future accrual at the end of 2009.
People with no retirement savings could be forced to work until they are 86 if they want to achieve two-thirds of their final salary, Standard Life says.
Aon Consulting has appointed Donald Duval as head of the fiduciary management service it launched with Russell Investments in July.
Employers should do more to help their staff effectively plan for retirement, Scottish Widows says.
Some small self-invested personal pension operators are failing to meet the Financial Services Authority's treating customers fairly guidelines and must improve, the regulator has warned.