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.
UK - Higher annuity rates and volatile market conditions have dented retirement prospects for UK workers over the last few months, suggests research from Aon Hewitt.
AUSTRALIA - Prime minister Julia Gillard today rejected the idea of starting a sovereign wealth fund calling superannuation funds themselves "our trillion dollar sovereign wealth fund, but with market benefits".
Inflation to cut pensioner spending power by 60%; Most workers are unaware of reforms; More people having to delay retirement; Pension schemes fight for £100m a year VAT refund
Higher annuity rates and volatile market conditions have dented retirement prospects for UK workers over the last few months, suggests research from Aon Hewitt.
US - Charles Evans, a leading Federal Reserve policymaker, has called on Ben Bernanke to issue further monetary stimulus as inflation higher than the 2% target would not be a "catastrophe".
More than half of UK workers are totally unaware of sweeping pension reform coming into play next year, latest research shows.
F&C has strengthened its UK institutional distribution teams with two senior hires at its London office.
A lack of training and the amount of time required to carry out duties are the key deterrents to people becoming lay trustees, according to an independent trustee.
Inflation would slash pensioners' income by 60% over a 20-year retirement if they took fixed benefits today, Prudential analysis reveals.