Europe

EUROPE - Pioneer Investments is to leverage the recent integration of Activest into the Pioneer group to expand its offering in the Italian, Dutch and Danish pensions markets.

EUROPE - The complexity and diversity of Europe's national pension systems is increasing costs for multi-national companies and "accelerating" the trend towards job relocation outside of the EU, the results of a worldwide survey published today by AEGON...

UK - Majedie Asset Management is exploring equity-based options for further building its business after it was forced to close to new institutional UK equity business having reached capacity in both its products.

UK - The cost of introducing investment strategy as a separate risk factor would be disproportionate to the 3% reallocation of levy it would lead to, the Pension Protection Fund (PPF) has found.

UK - Baring Asset Management has been appointed by the Mitsui Babcock Pension Scheme to run a £86m segregated mutli-asset diversified growth mandate.

UK - Pension funds will take time to adjust to the "complex" new age discrimination laws, and ministers should take a flexible "common sense" approach when enforcing them, the National Association of Pension Funds (NAPF) has claimed.

UK - The Pension Protection Fund (PPF) today begins its first direct payments to UK pensioners.

EUROPE - EU employment ministers were given a platform to voice their views on the European commission's controversial proposal for the portability of pension rights, which has drawn fierce criticism from some corners.

UK - One in five people could get back less than the value of their contributions to personal accounts as proposed by the government, a report by the Pensions Policy Institute revealed.

UK - Pension schemes are underestimating the extent of mortality rate improvements that will apply to their liabilities by up to £175bn, according to Paternoster.