UK - Northern Trust has launched an investment-monitoring package that will enable schemes to determine the impact of market events on their portfolios.
Northern Trust claims the online service – Event Analyst – will allow schemes to monitor market events such as Enron or WorldCom and determine exactly how they have hit their portfolios.
Schemes can set volatility parameters to monitor their fund managers according to securities, currencies, and market fluctuations.
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.