CREDIT SUISSE has reported a 30pc fall in income from its asset management division in 2007.
The firm said income from continuing operations before tax was CHF354m (£165m) in 2007 – down 30pc on the 2006 figure. However it said net revenues only fell by 10pc compared to the previous year –...
In this week's Pensions Buzz survey, we want to know whether or not you agree with Lord Myners' opinion that asset owners, such as pension funds, are substantially to blame for short-termism in business.
The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.
Plastics manufacturer Carclo has missed yet another dividend as it continues to battle its defined benefit (DB) pension funding shortfall.