Regions

EUROPE - An expert group on pensions has said that the European Commission should seek to create a real single market by reducing or eliminating "unnecessary" host country rules that act as barriers to cross border pensions.

Luxembourg - The IMF has urged Luxembourg to consider building up a mandatory fully-funded pillar, in order to mitigate risks related to the high degree of mobility of the workforce.

EUROPE - Watson Wyatt has promoted 14 of its European associates to partner level.

EUROPE - JPMorgan Fleming Asset Management has launched a major expansion into the real estate business in Europe, following an increased demand for real estate products from its institutional clients.

EUROPE - The European Federation for Retirement Provision (EFRP) today said that it has sought membership of the newly established EFRAG Advisory Forum.

EUROPE - The UK state pension scheme is one of the best placed in expanded Europe, having among the highest number of workers supporting each state pensioner, new research reveals.

EUROPE - Europe cannot deal with the challenges of its ageing population by depending on immigration alone, according to a new EU report.

GLOBAL - The International Accounting Standards Board (IASB) signalled a clear move towards FRS17 by proposing changes to the employee benefits standard IAS 19.

GLOBAL - Advanced Investment Partners (AIP), member of State Street Global Alliance - a joint partnership between ABP and SSgA - said that that its total assets under management have surpassed US$1bn. The quantitative equity fund manager has built its...

EUROPE - European Commission's Council of Ministers has approved the investment services directive, also known as the directive on Financial Instruments Markets.