Investment

The European Parliament and Council Presidency have been unable to agree on the final text of the Alternative Investment Fund Managers (AIFM) directive.

F&C Investments has launched a fund which aims to provide investors with a combination of capital growth and income from European equities.

The European Court of Justice may equalise annuity rates for men and women, but doing so could make women's pension income even worse, experts warn.

Two years on from official regulatory guidance on managing conflicts of interest the majority of small pension schemes are still falling short, a law firm warns.

Allowing savers early access to pension cash would inject £65bn into the UK economy in the short term, the Society of Pension Consultants says.

IRELAND - The National Pensions Reserve Fund (NPRF) has invested €30m ($41.8m)in two venture capital funds in Ireland.

Communicating to member groups of more than 50,000 at a time could save defined contribution schemes as much as £48 per member, delegates heard

Participating in US group class action is "ethically wrong", a trustee chairman told delegates.

UK pension funds will recoup £1.4bn in US class action lawsuits following losses suffered at the peak of the financial crisis, a report reveals.

Lord Hutton will pitch collective defined contribution schemes to the department for work and pensions but would not be drawn on whether the model could translate to the private market.