News

The Pensions Administration Standards Association has elected Lucida operations director Margaret Snowdon as its chairman for the next three years.

Failing to keep an accurate record of member data can have expensive consequences on wind-up in spite of legislation in place to protect trustees, a lawyer warns.

Scottish Life has switched providers for its UK Mid Cap Specialist and US Core Plus Pension funds after a governance review.

Logica has linked with Australian superannuation exchange SuperChoice to offer pension providers a streamlined product to process contributions under auto-enrolment.

HMRC and the Wheels Common Investment Fund have agreed and submitted questions to the European Court of Justice ahead of its ruling over whether defined benefit funds should be exempt from VAT.

UK equity valuations are attractive in the medium term and can add alpha to pension funds, despite the recent volatility in markets, a fund manager says.

Two-thirds of employers with no pension scheme say they are unlikely to auto-enrol employees into the National Employment Savings Trust or a qualifying scheme, ACA research finds.

US/ASIA - Acadian Asset Management Singapore has appointed Ho Yew Weng as director of institutional sales for Asia-ex Japan.

US - J.P. Morgan Asset Management has hired James Gearin as chief operating officer of its retirement plan services business.

AMERICAS- S&P Indices has launched its first in a series of indices designed to measure the performance of the Chilean, Columbian and Peruvian stock exchanges.