Investment

The Department for Work and Pensions is set to take action to stop firms using differences between defined contribution regulations to cut scheme costs.

Nomura Asset Management plans to launch an emerging market small-cap strategy that will determine holdings according to a country's gross domestic product adjusted for purchasing power parity.

There are just four days left to send in your response to the PensionDCisions Sponsor Default survey.

AUSTRALIA - European asset managers are showing an increased interest in opening up shop in Australia, said Nick Sherry, the country's former assistant treasurer and former minister for superannuation.

US - The US's two largest pension funds have reported double digit returns for 2010, marking a solid recovery after steep losses in the global financial crisis.

Emma Douglas has left BlackRock for Mercer where she will help launch and head up the consultant's corporate wrap offering.

Introducing unnecessary detail to new Alternative Investment Fund Managers Directive measures could harm investors, the Investment Management Association warns.

NEST has confirmed it will offer investors access to a global equity Sharia-compliant fund, it confirmed today.

UK/BELGIUM - The Upper Tribunal expressed "serious reservations" about the amount The Pensions Regulator is chasing in its contribution notice against Michel Van De Wiele NV.

EUROPE - Introducing unnecessary detail to new Alternative Investment Fund Managers Directive (AIFMD) measures could harm investors, the Investment Management Association warns.