News

US - Towers Watson has acquired investment advisory firm WellsCanning.

Insurers have been given another year to become compliant with Solvency II, the Financial Services Authority announced today.

GLOBAL - The European Fund and Asset Management Association (EFAMA) has unveiled a five-step strategic plan to drive its agenda over the next two years.

UK - Barnett Waddingham has been chosen by investment bank UBS to provide administration and actuarial oversight services for its longevity swaps service.

GLOBAL - A handful of sophisticated pension funds are expanding their securities lending programmes to include lending emerging markets securities, which rake in higher fees than their developed market counterparts, an eSecLending official said.

Trade unions have no appetite for strikes over cuts, says Francis Maude; Companies 'must plan for longer life'; Teachers to be £7,700 worse after inflation switch; Savings money maths: saving a pension pot

The Pensions Trust has recovered more than £600,000 on behalf of its defined benefit pension schemes by appealing 11 Pension Protection Fund levy invoices.

British workers are risking poverty in retirement by refusing to join their companies' pension schemes, according to research.

The Association of Corporate Trustees is set to consider a new code of conduct for professional trustees - what's your view? Is this a necessary move?

CANADA/US - The Ontario Teachers' Pension Plan has completed its acquisition of a majority stake in Flexera Software.