UK - Software provider AFA systems has completed its acquisition of rival Strategic Asset Management Solutions.
AFA – which produces software for fund managers – completed the deal after gaining shareholder approval at an extraordinary general meeting. SAMS systems provide performance information to the managers of equity and fixed income portfolios and their customers.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.
Labour Party plans to renationalise core industries and require the largest listed companies to hand 10% of shares to employees would be a "double whammy" for pensions, business leaders have warned.
A handful of industry heavyweights have begun trialling a so-called 'mid-life MOT', with positive initial results reported by all those involved.