INCLUDING: UK - House of Commons tender; UK - Enhanced ETFs launched; UK - LCP appointments
UK - House of Commons tender;
The House of Commons has issued a tender for third party administration services to the trustees of the Parliamentary Contributory Pension Fund (PCPF).
The contract shall be for a period of nine years with three yearly reviews and it will begin on 1 April 2008.
UK - Enhanced ETFs launched
SPA ETF Plc (Spa), a specialist provider of Exchange Traded Funds (ETFs), has listed its initial US equities-focused ETFs on the London Stock Exchange (LSE), becoming the first provider of enhanced ETFs on the exchange.
Spa's ETFs are based on fundamentally driven indices created by US research company MarketGrader's quant-based system.
UK – LCP appointments
UK - Lane Clark & Peacock LLP (LCP) has made two appointments in its corporate consulting and employee benefits practices.
Glyn Fullelove has joined LCP as a senior consultant within its corporate consulting practice.
Meanwhile, Mark Smith has joined the employee benefits consulting team with particular responsibility for developing LCP's communication capabilities.
Most people think it is right that savers take responsibility to protect from pension scams.
More than 100,000 savers face being landed with huge tax bills following tiny uplifts to their pension, a Freedom of Information (FOI) reply has revealed.
Alan Pickering says politicians should have the freedom to redefine what is meant by 'absolute'