GERMANY - Bank of Ireland Asset Management (BIAM) has been awarded a global equity mandate for ChevronTexaco's Dutch employees pension fund.
Robert Hau, BIAM’s head of continental Europe said: “We are particularly pleased about the mandate from ChevronTexaco, as it is a confirmation of our competence in global equities.”
The amount of the mandate was not disclosed.
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.