Hedge funds had much of their gains this year wiped out last week as half the alternative strategies reporting daily data to Hedge Fund Research's investable indices lost over 1% of their value in just 24 hours.
Increased longevity figures, as highlighted in a recent Department for Work and Pensions report, will dramatically increase pensioner poverty, MGM Advantage predicts.
AUSTRALIA - The Financial Services Council has called for the Productivity Commission to bring forward its enquiry into how default funds are awarded in negotiated agreements.
Specialist pensions law firm Sacker & Partners has promoted Caroline Legg to associate director and Ian D'Costa to associate.
The FTSE 100 dipped below the 5,000 mark this morning after a short-lived rally at the start of trading.
EUROPE - European stock markets have given up early gains, which had been triggered by the European Central Bank saying it intended to buy up government debt.
EUROPE - Pension funds are facing a "double whammy" as their reaction to falling asset values exacerbates a rise in liabilities, warns a fiduciary manager.
European stock markets have given up early gains, which had been triggered by the European Central Bank saying it intended to buy up government debt.
Two of the trio of BA trustees who resigned their posts over the switch from RPI to CPI indexation have been re-elected to the board.
Pension funds are facing a "double whammy" as their reaction to falling asset values exacerbates a rise in liabilities, warns a fiduciary manager.