Investment

The final guidance to assist trustees in calculating transfer values for defined benefit schemes has been published by The Pensions Regulator.

BAIN Capital Partners and Hellman & Friedman have bought Neuberger Berman and some other asset management businesses of Lehman Brothers' investment management division for $2.15bn (£1.19bn).

UK - Clarity from the Pensions Regulator (TPR) on the calculation of transfer values for defined benefit schemes has been welcomed, but with a warning it may not go far enough.

Aviva has launched its global asset management business, Aviva Investors.

BALANCED pooled funds achieved a median return of 4.1pc in August 2008, latest figures from BNY Mellon Asset Servicing reveal.

RMB Asset Management has launched a diversified target fund in a bid to help schemes manage funding volatility.

TIM JONES of the PERSONAL ACCOUNTS DELIVERY AUTHORITY explains why personal accounts are a step in the right direction, and why he is in not doubt they will launch on time

ROSIE KWOK of MERCER examines The Pensions Regulator's consultation paper on good record-keeping.

THE Pension Protection Fund has proposed a levy estimate of £700m for 2009/10.

iShares has launched a campaign to clarify market confusion over exchange traded funds.