GLOBAL - Standard Life Investments UK has outlined what could happen to oil prices in the event of a war in Iraq.
SLI chief investment officer Keith Skeoch said: “The central assumption among investors is that oil follows a similar pattern to that seen during the 1991 Gulf War, when prices picked up in the weeks leading up to the initial air strikes, before falling sharply as the Allied campaign progressed quickly and smoothly.”
But he warned: “The key issue would be not how high prices might reach, but for how long oil supplies might be actually disrupted.”
The Brunel Pension Partnership has become the fourth local authority pool to receive the green light from the regulator.
Defined benefit (DB) schemes are to be offered a new consolidator as the former chief of the Pension Protection Fund (PPF) launches 'The Pension SuperFund'.
Martin Freeman has been hired as head of technology product and development at Smart Pension, to support the 'growing' technology product side of the business.
Tim Sharp says the government has missed some big opportunities to help workers in the DB white paper.