TUI Travel is in advanced negotiations with its scheme trustees over plans to merge four of its six defined benefit schemes to tackle its £431m deficit.
AUSTRALIA -Non-Government Schools Super (NGS Super) intends to merge with UCSuper, creating a combined entity worth A$4.4bn ($4.7bn).
Fiduciary manager Cardano has expanded its investment team with two hires from fund of hedge funds.
US - A third round of quantitative easing in the US would lead to the collapse of the dollar, M&G's Jim Leaviss has warned.
Friends Life added £92m to new total life and pensions business in Q1 fuelled by UK sales of £172m, results reveal.
Professional Pensions has unveiled the programme for the PP Corporate Platform Forum 2011.
The surplus of defined benefit schemes monitored by the Pension Protection Fund slipped from £45.5bn in March to £2.3bn last month.
FRANCE - Alcatel-Lucent made a cash contribution of €42m ($60m) to its worldwide pension funds in Q1, the company's quarterly financial statement shows.
UK - Amundi ETF is expanding into the UK with the launch of 16 exchange-traded funds on the London Stock Exchange.
JP Morgan Asset Management, UniSuper, BNY Mellon, International Asset Management, Russell Investments