UK/SWITZERLAND - Electronic stock trading service NeoNet has joined the Virt-x Exchange.
The move will allow UK investors access to the Swiss stock exchange.
The firm claims membership of Virt-x, alongside its deal last month with the New York-based Nasdaq, puts it on course to meet its target of access to 80% of the world’s capitalisation by the end of next year.
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.