ASIA/PACIFIC - Only one of the Asia-Pacific universes made it into the black in September with the Bank of Bermuda AsiaHedge long/short Japan Index scraping into positive territory by the skin of its teeth, up 0.02%.
All the other indices were down. The two regional indexes had the worst time of it. Asia (ex-Japan) fell by 1.4% while the Asia (inc-Japan) fell by 1.39%. Australia fell by 1.4%.
PP has analysed the accounts of the biggest pension consulting firms and recorded the turnover (revenue) in their most recent accounts. The full leaderboard is below…
UK defined benefit (DB) schemes have increasingly undertaken benefit reviews over the last four years resulting in an acceleration of scheme closures, Aon research finds.
Contributions are no longer sufficient to meet regular payments for three-quarters of small- to medium- sized defined benefit (DB) schemes, Buck analysis finds.