News

Equitable Life will give policyholders who leave the society an enhancement to their with-profits payment equivalent to 12.5% of their policy value.

Funds eye debt in emerging markets; UK small caps poised for comeback; Budget move on gilts peg to CPI; The fine line between risk and return; Many fund managers remain reticent

Aon Hewitt's Oliver Rowlands is to leave the consultant after 25 years to work for rival Towers Watson.

AUSTRALIA/EUROPE - Australian fund manager LM Investment Management has launched an income fund investing in Australian property loans for European institutional investors.

Aegon Asset Management has appointed Jon Dadswell as head of institutional sales, as the firm looks to build on mandate wins for its asset allocation service.

AUSTRALIA - The A$71.8bn Future Fund has named Mark Burgess its new general manager.

US - New Jersey's pension funds have gained 15% this fiscal year as stocks rose, according to a report presented to the State Investment Council.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.

EUROPE - European leaders have agreed on a revised bailout package, creating a permanent fund to resolve the debt crisis in the eurozone.

Pensioners betrayed by the Chancellor; State pension age rises to 70 for anyone under 30; Budget has failed frozen-out pensioners, says expat