Updated 12:15: The FTSE suffered triple-digit losses in Tuesday trade after a third explosion rocked Japan's Fukushima nuclear power plant, raising fresh radiation fears and sparking a 1,000-point plunge on the country's Nikkei index.
At noon today London's leading index was sitting 145 points, or 2.52%, lower at 5,629, adding to yesterday's 0.9% loss. Japan's Nikkei 225 index fell by 10.55%, shedding more than 1,000 points to 8,605.15...
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.