Global

Four out of ten people who do not have pensions see the lottery as the main chance of providing for their future - is the surprise conclusion from a survey conducted by the UK Post Office

Wesleyan Assurance Society has been appointed as the exclusive financial services provider to the UK Prison Officers Association (POA).

Staffordshire County Council's £1.5bn pension fund is to conduct a Best Value review of its investment and management arrangements.

CalPERS loses US$9bn as stocks tumble

Over 25% of FTSE 100 companies have been involved in demerging or disposing of significant portions of their businesses in 2000, and this trend looks set to continue for the next few years, according to research by KPMG.

Women need help and encouragement to increase their take up of pensions, according to a new Financial Services Authority report.

Global specialist provider of investor and issuer services the Bank of New York has been appointed to provide investment accounting and global custody services to the Parliamentary Contributory Pension Fund's £300m worth of assets.

William M Mercer has been appointed consultant and administrator to the £125m UK-based Rohm and Haas Retirement Plan.

The foot and mouth crisis and the downturn of the US economy has prompted the Confederation of British Industry to revise its economic forecasts for 2001.

Fund manager Aberdeen Asset Management has completed the acquisition of the Celexa Group for £16.5m.