Investment

GLG Partners is to acquire the Societe Generale Asset Management UK, with the transaction expected to close in the second half of Q1 2009.

Large multinationals could see pension liabilities fall by €250bn (£235bn) due to discount rate distortion caused by the credit crunch, Lane Clark & Peacock says.

Defined contribution charges must be "substantially reduced" and members must be made aware about 40pc of their pot is swallowed up in fees, a study says.

Sponsoring companies who have not protected themselves through de-risking face a "pensions Armageddon" in 2009, Towers Perrin warns.

THE Dairy Crest Group Pension Fund has purchased a £150m bulk annuity policy from Legal & General Assurance Society.

Are you great at spending money, but less experienced when it comes to saving? Don't worry - you're not alone.

The Pensions Regulator has published has put its draft material detriment code of practice out for consultation.

Fund management firms risk endangering investment performance and could alienate clients if teams dedicated to analysing environmental, social and governance risks are cut, FairPensions warns.

Positive steps have been made to address deficits through the scheme funding regime, and clearance activity has fallen, latest data from The Pensions Regulator shows.

More integration of non-financial business information in financial statements is needed to enable well-informed investment decision-making, the International Corporate Governance Network says.