Investment

Merseyside Pension Fund is seeking new passive equity and bond managers to boost its responsible investing policy.

Former National Association of Pension Funds chairman Robin Ellison has joined the executive advisory board of investment data firm SRL Global.

Gartmore's annual results, released today, show £7.2bn of assets left the firm in 2010, compared to a net inflow of £300m in 2009.

Trustees risk being fleeced by underperforming investment managers after it was revealed management fees jumped 11% last year on the back of improved market conditions, a consultant says.

US - Proposed legislation covering the US swaps market risks causing "severe market disruption" for dealers and pension fund clients, an industry body has warned.

UK defined benefit schemes turned a deficit of £201bn in 2009 into a surplus of £22bn last year, figures reveal.

IMA chief executive Richard Saunders

KPMG has launched a DC solutions practice and appointed pensions partner Gurmukh Hayre to lead the business.

Scottish Widows has expanded its workplace savings platform mymoneyworks with the launch of a corporate ISA.

A fifth of trustees never meet with their administrator and are failing in their duty to monitor scheme data quality, The Pensions Regulator says.