Global

Watson Wyatt has strengthened its UK benefits practice with the appointment of Richard Abramson as a senior consultant.

Investment house Zurich Scudder Investments has appointed Paul Wild and Dejan Srejic as vice presidents in its Zurich office.

Quebec's giant C$125bn (US$81bn) pension fund, Caisse de depot et placement (CDP), is part of a group financing Canadian home improvement outfit Rona's takeover of Revy Home Centres.

The £900m Durham County Council Pension Fund is aiming to appoint an additional voluntary contributions (AVC) provider by May 31 this year.

Patrick Serre has been appointed chairman of French investment house CCF-SEI Investments.

Industry scheme enrolment in Hong Kong's new pension system has grown steadily over the last six months, surpassing the 130,000 projected mark.

The Danish government has passed a bill that introduces changes to the DKr256bn (EUR34bn) ATP pension scheme - a Danish labour market supplementary fund.

New rebates will have a limiting effect on the number of people in the UK who choose to contract-out of the state earnings related pensions scheme (SERPS) and the state second pensions (S2P) scheme, according to Scottish Equitable.

Sweden's sixth national pension fund, AP6, has had its takeover bid of Lindab, a Swedish ventilation and building materials group, accepted by the firm's board of directors.

Equitable Life has decided not to appeal against the House of Lords' ruling over its payments to guaranteed annuity rate (GAR) policyholders.