EUROPE - Eurex, the Swiss-German bourse has won approval from Commodities Futures Trading Commission to set up an electronic operation in the US, defeating a strong lobby from the local Chicago bourses which opposed the move.
Satish Nandapurkar has been appointed CEO of US Futures Exchange (Eurex US) which began trading on 8 February 2004.
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.