News

Aegon Asset Management‘s head of property investment Phil Clark has been named chairman of the Investment Property Forum.

UK - Aegon Asset Management‘s head of property investment Phil Clark has been named chairman of the Investment Property Forum.

Bluefin has launched a proposition aimed a small to medium-sized defined benefit schemes to help trustees eliminate unrewarded risk.

UK - Government has launched an urgent review of equity investments after business secretary Vince Cable warned short-termism was risking the financial security of pension scheme members.

SWEDEN - Sweden's €100bn ($143bn) state pensions funds are facing a wide-ranging government review which could result in mergers.

Aviva is to sell its roadside recovery business RAC for £1bn while retaining its defined benefit pension liabilities.

Low-earners are heading for poverty in retirement as official statistics reveal a significant drop in occupational scheme membership levels for men and women.

UK - Threadneedle has appointed Camilla Crowe as head of consultant relations.

AUSTRALIA - The elimination of six million unnecessary superannuation accounts through auto-consolidation would lead to a reduction in fees of around A$250m ($263m)a year, research suggests.

Pension reforms: Hutton warns ministers over punitive rise in costs; Only a third of people saving for retirement; Low-paid struggle to find a pension; Private Equity to provide low earners with their nest eggs