News

UK - Narrowing Consumer Prices Index and Retail Prices Index inflation will save schemes switching to CPI just 60p (94c) a week for each scheme member, according to figures.

US - The asset management fees brought in by State Street Global Advisors (SSgA) were up 17% in the year ended 30 September, despite overall assets under management dropping by 4% in the same period, parent company State Street Corp. said today.

Due to popular demand, we have now extended the nomination deadline for the GP Awards 2012 to 31 October. Have you cast your vote yet?

FRANCE - Global sovereign wealth funds with over $9trn in assets are meeting to discuss ways to boost global economic growth, including the potential use of new financial instruments like "loyalty shares" or "capital access bonds".

Narrowing Consumer Prices Index and Retail Prices Index inflation will save schemes switching to CPI just 60p a week for each scheme member, according to figures.

Professional Pensions is set to conduct a survey on auto-enrolment to discuss the current level of knowledge and preparation in the marketplace.

West Midlands Pension Fund has acquired more central London office space after buying St Andrew's House in conjunction with ING Real Estate Investment Management for £25.2m.

John Bercow ignores pleas to reduce his pension; Rising inflation offers state pension boost; Pensions: Age concern; Tory donor angers Lib Dems

US - The $6bn San Bernardino County Employees' Retirement Association (SBCERA) has selected Don Pierce as its new chief investment officer (CIO).

The deficit for the closed Whitbread defined benefit pension scheme has climbed above £0.5bn despite contributions of £61m from the firm.