Investment

Aberdeen has beaten off competition from Macquarie to acquire Scottish Widows Investment Partnership (SWIP) in a deal worth up to £650m.

Janet Yellen has defended the Federal Reserve's quantitative easing programme in her first appearance before Congress.

Guinness Peat Group (GPG) says it two of its three sponsoring employers have been found to be "insufficiently resourced" in its regulator investigation.

Lloyds Banking Group (LBG) workers may strike over the group's decision to cut pensionable pay increases from its defined benefit (DB) schemes.

British Airways (BA) will continue to "contest every claim" from pensioners for inflation protection compensation, despite losing the initial judgment.

London Borough of Waltham Forest and Surrey County Council pension funds have invested £20m each in the Darwin Leisure Property Fund.

Inalytics and PIRC have launched a joint research service to assess governance risk and investment skill in funds.

Sainsbury's defined benefit (DB) scheme actuarial deficit has fallen by £635m over the three years between March 2009 and 2012, its interim results show.

M&G Investments countered a £900m net outflow in the first half of 2013 with a £4bn net inflow in the third quarter, its parent Prudential's results show.

Taha Lokhandwala looks at the impact of the ECB’s decision to cut interest rates