News

The potential clean up costs of the BP oil spill disaster could threaten its ability to pay dividends leaving pension scheme investors facing continued uncertainty, Schroders says.

The Pensions Regulator has published member record-keeping targets to ensure standards of common data.

US - The defined benefit (DB) plans of US companies have improved their funding from 2008 lows, but still showed a funding gap of US$252bn at March 31 2010, a report from Mercer revealed.

The global economic crisis has still not been solved, Charles Dumas warns.

ASIA - Asian funds at Newton Investment Management are among the beneficiaries of actions being taken by three of Asia's largest sovereign wealth funds.

BP to promise $10bn payday as criminal inquiry looms

Annuity industry views are polarized over important issues such as scrapping the age 75 requirement and the impact of Solvency II, Xafinity research reveals.

Jupiter has set the price range of its IPO at between 150p and 210p per share, valuing the asset manager at £718m to £868m.

CANADA - The Caisse de dépôt et placement du Québec has said that chief financial officer and executive vice president Ghislain Parent has left the firm following an extended period of sick leave.

GLOBAL - Hedge fund practitioners have criticised research from the European School of Management & Technology that has voiced "serious concerns" about the risks their sector poses its investors.