GLOBAL - Brown Brothers Harriman (BBH) has launched a new Web-based product giving institutions real-time corporate information that could impact on their portfolios.
ActionWorld aims to simplify corporate action reporting, offering a “total transparency” approach to managing and responding to high risk transactions, said BBH.
ActionWorld also delivers calculated entitlements and corporate event notifications such as tender offers, stock splits, and annual meetings in easily navigable formats.
The system enhances BBH’s previously released ActionView, the web portal through which clients can follow corporate actions, and can be accessed through the BBH website.
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.