News
Industry
The Institute and Faculty of Actuaries has appointed Alan Phillips to the role of Chairman of its Management Board.
09 September 2011
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US
US/GERMANY - Prudential is preparing to launch the first longevity insurance product in the US "very soon", delegates at the Longevity 7 conference in Frankfurt were told.
08 September 2011
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Defined Benefit
The multi-employer Students' Union Superannuation Scheme is to close to future accrual at the end of the month due to fears over section 75 debt liabilities.
08 September 2011
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US
US - General Motors is looking to completely de-risk its US pension fund which currently touts a $10.8bn deficit, vice chairman Steve Girsky said yesterday.
08 September 2011
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Industry
Aegon is to close its UK-based tied advisory service Aegon Direct as it progresses with a restructure designed to cut costs across the group by 25% by the end of the year.
08 September 2011
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Industry
An employment tribunal ruling in favour of a gay couple fighting for pension rights could clear the way for a challenge in the European Court of Justice, a lawyer claims.
08 September 2011
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US
US - The Securities and Exchange Commission's decision not to challenge a US court's ruling overturning a proxy-access rule has provoked criticism from the Council of Institutional Investors.
08 September 2011
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ETFs
US - The growth of the US ETF market is likely to be driven by active ETFs as a number of potential new issuers are seeking to list them, according to the New York Stock Exchange.
08 September 2011
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Asia
HONG KONG - Northern Trust will begin offering index equity portfolio management services from Hong Kong after receiving regulatory approval this week.
08 September 2011
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Industry
Industry figures have stepped up calls for the government to go beyond the auto-enrolment of workers and ease ISA taxation laws to solve the nation's savings shortfall.
08 September 2011
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