Finnish securities firm Evli Securities will offer fund managers of pension funds the option of online trading by the end of this year.
Via the EvliNet Asset Management Portal, fund managers will be able to trade stocks on the Helsinki exchanges by using the new Nokia 9210 Communicator.
Evli executive vice president Markku Malkamäki said the new portal will initially serve as a real time portfolio tracking service for funds with up to 30 stocks.
According to Evli, the new asset management portal is the first in Europe to provide a mobile internet service intended for online investing.
EvliNet Asset Management Portal’s mobile services for the Nokia 9210 Communicator can be found at www.evlinet.com/mobile By Janet Du Chenne
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.