A think-tank has urged politicians not to change legislation to enable early access to pension pots.
UK - Fidelity International chief investment officer Nicky Richards is to depart the group at the end of this month.
Fidelity International chief investment officer Nicky Richards is to depart the group at the end of this month.
SLI is to buy 75.1% stake in fund of hedge funds manager Aida Capital.
ASIA - Mercer has restructured its Asian team to capture growth opportunities in the region.
UNITED ARAB EMIRATES - Infrastructure developer Kharafi National has instituted a new retirement plan for employees that allows them access to a wide variety of global investment options and offers a company match.
EUROPE - The European asset management industry has called for the creation of a standardised pension product across Europe in order to boost personal savings.
US - Some of the largest pension fund investors and corporate governance experts in the US have urged senators not to undermine key provisions in a bill proposing sweeping reform of the US financial system.
UK - Hermes BPK Partners chief executive officer Matteo Perruccio said Europe's draft plans to regulate its alternative investment funds could be a boon to investment consultants if it goes ahead as planned.
The WTL International Retirement Benefits Scheme's claim of breach of contract and negligence against Scottish Widows has been rejected in the courts.