Investment

The US investors leading a class action lawsuit against the Royal Bank of Scotland will ask the courts to allow UK and other European investors to participate in the suit.

The first longevity swap deal involving a UK pension scheme is imminent and the market could reach £1bn this year alone.

The Pensions Regulator has made changes to its material detriment code to ensure greater clarity following an eight-week consultation.

The Pension Protection Fund has launched an updated online reporting system for insolvency practitioners.

Manager search activity is slowing down as investors focus their attention on strategic issues, latest data from Mercer reveals.

Aberdeen Asset Management has reported asset outflows of £13.9bn in the six months to March 31.

Pension schemes are increasingly seeking to "re-strike" swaps with banks in order to gain cash to spend on more attractive assets, P-Solve says.

The Royal County of Berkshire Pension Fund has appointed 10 new fund managers in a move to diversify its investments.

Mercer has created a range of global asset class research "boutiques" within its investment consulting business in a bid to compete with specialist providers.

The Personal Accounts Delivery Authority and department for work and pensions have gone out to consultation on the draft scheme order and rules for personal accounts.