News

UK - BlackRock, the world's biggest asset manager, probably won't buy U.K. inflation-linked bonds at today's sale amid "confusion" about the government's planned changes to pension indexing.

MPs face increase in retirement age to 68

Some 600 AstraZeneca workers in Macclesfield are being balloted on strike action over proposed changes to the defined benefit pension scheme, unions say.

UK - Some 600 AstraZeneca workers are being balloted on strike action over proposed changes to the defined benefit pension scheme.

UK/GLOBAL - Aberdeen Asset Management clinched £300m (US$465m) of net new business in the quarter from its global clients and said redemptions have slowed, but total assets under management dropped 3.6%.

UK/US - Trade union Unite has threatened Ford with legal action over staff who lost their pension when Visteon UK went into administration last year.

US/CANADA - Shareholders of US-based technology company SonicWALL approved a US$717m acquisition deal involving the Ontario Teachers' Pension Plan.

ROMANIA - Romania is considering the introduction of lifestyling options into its fledgling pension system, the country's regulator said.

Balanced pooled funds ended their run of positive quarters with a negative return of -8.9% for Q2 of this year, statistics show.

UK - Balanced pooled funds ended their run of positive quarters with a negative return of -8.9% for Q2 of this year, statistics revealed.