Investment

Key allegations in the GP Noble fraud case have emerged - including the total amount at stake is £52m, court documents reveal.

Deregulatory easements making it easier for final salary schemes to function must be met with employer promises to keep schemes open, Angela Eagle says.

FRANCE - The French pension fund manager Fonds de Réserve pour les Retraites (FRR) has hired Crédit Agricole Asset Management (CAAM) to run various asset classes when needed.

UK - Sales of enhanced annuities rose to £448m (US$739.5m) in the second quarter of this year, bringing the total sales in the first half of 2009 to £891m, Watson Wyatt research revealed.

Scottish Widows Investment Partnership will see its assets grow by £42bn following a strategic review of the asset management businesses of Lloyds Banking Group.

Advisers and members must beware of "hidden kickbacks" and "double charging" in some self-invested and self-administered schemes, Talbot & Muir warns

Sales of enhanced annuities rose to £448m in the second quarter of this year, bringing the total sales in the first half of 2009 to £891m, Watson Wyatt research reveals.

Interserve is set to close its defined benefit scheme to future accrual for all non-passport members from the end of this year.

The Bank of New York Mellon will acquire Insight Investment Management from Lloyds Banking Group for £235m.

NETHERLANDS - Kempen Capital Management has raked in fiduciary management mandates worth €800m (US$1.1bn) from five different investors, the firm announced.