News

EUROPE - The European Commission has appointed Aon Hewitt as expert adviser for the possible establishment of a pan-European pension fund for researchers.

GLOBAL - State Street has been appointed by F&C Asset Management to provide investment manager operations outsourcing for £106bn in assets.

GLOBAL - The Bank for International Settlements (BIS) has warned low interest rates across the globe are a threat to world financial stability.

There will not be a ban on age-based insurance pricing in the near future, the director general of the Government Equalities Office says.

EUROPE - European banks and finance officials are discussing a proposal to replace existing Greek debt with a different type of bond to get around ratings agencies' reservations about a planned rollover, Reuters reports.

US - American households will have to contribute an average of $1,398 per year to fulfill pension promises, according to a new study.

Hutton calls for rethink on pension changes; Auto-enrolment becomes a headache; Pension reform could trigger stock market chaos, coalition warned

GLOBAL - Schroders has expanded its global strategic solutions team with a key hire from Towers Watson.

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.

Fewer than one in five finance and HR directors at major companies are confident they know how much auto-enrolment will cost their firm overall, research shows.