GLOBAL - BlackRock's net new business totalled US$82bn in the fourth quarter of 2009, with pension funds and other institutional investors accounting for 60% of it.
The Pensions Advisory Service is in danger of being "dumped or carved up" as a result of government funding problems, Richard Stroud warns.
People retiring at 65 will need to live a minimum of 17 years to get back the money have saved in their pension fund due to today's low annuity rates, Rockingham Retirement says.
Nissan Motors has appointed Mercer as global retirement consultant in a bid to strengthen its pensions governance structures.
GLOBAL - Nissan Motors has appointed Mercer as global retirement consultant in a bid to strengthen its pensions governance structures.
Retirement savers should consider taking their tax-free lump sum now to avoid possible new tax charges after the general election, BDO Investment Management says.
Cadbury pensions chairman seeks Kraft's support; Nest set to nurture saving for old age
The £12m Mercury Provident Pension Scheme has reappointed HamishWilson to provide it with scheme actuary and consultancy services.
US - Absolute return currency manager Hathersage Capital Management has hired former head of currency at Hermes Investment Management Momtchil Pojarliev.
CANADA - Caisse de dépôt et placement du Québec will focus on generating returns in line with its liabilities and simplify the schemes investments as it tries to recover from the financial crisis, its chief executive said.