News

Professional Pensions is set to publish its annual Guide to Consultants at the end of this month.

UK pension funds had $2.9trn (£1.9trn) of assets under management at the end of last year, a survey finds.

The aggregate deficit of S&P 1500 pension plans increased by $134bn in September, reaching a "post-World War II high", Mercer claims.

Large bank pension schemes could lose out financially on insolvency if proposals set out in the Vickers Report become legislation, a law firm warns.

GLOBAL - State Street has crossed the $10trn mark in client assets serviced by its investment analytics team, the company has confirmed.

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.