CHILE - Gartmore has received approval from the Comision Clasificadora de Riesgo to market 13 funds within its Jersey based Capital Strategy Fund range in Chile, where changes in legislation allow pension funds to increase their investment in overseas equities.
Chile’s seven Pension Fund Administrators (AFP) have around £35bn combined assets under management.
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point