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Aberdeen Asset Management has bought Glasgow Investment Managers in a deal worth almost £9m.

THOUSANDS of employees are "sleepwalking into an uncertain future" because of a lack of retirement planning, The Pensions Advisory Service has warned.

ROWANMOOR Pensions has retained the contract to provide outsourced administration for Standard Life's small self-administered scheme portfolio.

Standard & Poor's Index Services is offering investors exposure to top-rated stocks in the US and Europe through the launch of two new STARS indices.

CONSERVATIVE plans to boost defined benefit provision in the UK overlooks the importance of securing benefits and could even lead to "fiddled figures", an independent consultant has said.

Institutional investors in the UK and Europe are continuing to lose confidence in riskier assets, State Street Global Markets claims.

CONSERVATIVE plans to boost defined benefit provision in the UK overlooks the importance of securing benefits and could even lead to "fiddled figures", an independent consultant has said.

THE RHONDDA Cynon Taf local authority pension scheme is to diversify its investment portfolio to include property and active currency mandates from next month.

DEPARTING pensions ombudsman David Laverick shied away from difficult cases and did not live up to the work of his predecessor, lawyers claim.

THE GOVERNMENT is proposing to overhaul regulations which prevent UK companies from making pension contributions to employees based overseas, PP has learned.