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INVESTMENT bank Dresdner Kleinwort has launched two new funds that use volatility as an asset class.

LAW firm Dickinson Dees has been selected by Standard Life to spearhead its nationwide conveyancing for clients considering the purchase of commercial property through self-invested personal pensions.

The Pensions Regulator's use of long-dated bonds to calculate scheme liabilities drives up deficits and should be scrapped, Morley Fund Management says.

THREADNEEDLE Investments has outsourced its investment operations function to JPMorgan Chase Bank.

NEARLY 2.5 million workers in the UK are "under the illusion" the state pension will provide sufficient income for their retirement, research reveals.

Adding a default annuity option to the government's proposed personal accounts could slash savers' retirement income, GE Life warns.

LEADING fund manager Hermes Pension Management - trustee of the BT Pension Scheme - has revealed a £16.6m blackhole in its final salary pension scheme.

TANAKA Business School has launched a degree course in actuarial finance which, it claims, will "significantly" cut the length of time necessary for training.

ABERDEEN Property Investors has launched an Asian fund of property funds.

Defined benefit transfer values should be calculated on a scheme-specific basis if a statutory right to them remains, the Association of Consulting Actuaries claims.