Global

Prudential has announced strong interim results with sales topping £10bn and profits of £677m.

Up to 500,000 people on moderate incomes will take out a stakeholder pension by April next year, according to research by the Association of British Insurers (ABI).

Canadian pension fund Caisse de dépôt et placement du Québec has acquired, through a public offering, the subordinate voting shares of Cable Satisfaction International (CSI), or 2.27% of the outstanding shares of this class at a price of $4 per share....

The Mandatory Provident Fund Schemes Authority (MPFA) in Hong Kong has introduced a new prescribed savings rate (PSR) formula for Mandatory Provident Funds (MPF).

Legal & General Investment Management is hastily looking to recruit for its redefined investment strategy following the departure of Peter Knapton.

The £78m Telegraph Staff Pension Plan decided yesterday to transfer its entire assets from Schroder Investment Management to Barclays Global Investors.

Sean Murray will head Deutsche Asset Management's (DeAM) listed property trust business in Australia, following the promotion of Andrew Stubing to head of Asian equities.

UK's Envision - a consortium of third part administrator Paymaster and computer consultancy SEMA - has bagged a 14 year contract with the NHS Pensions Agency to help modernise its service.

JPMorgan Investor Services has appointed two new business heads for Europe, Middle East and Africa (EMEA).

The Wiltshire-based Cooper-Avon Tyres company has appointed investment house Aegon Asset Management to handle a £25m fixed income mandate for its pension plan.