News

AUSTRALIA - Australian superannuation fund UniSuper has bolstered its new advice service, which is due to launch later this year, with two appointments.

Axa has appointed Colin Williams and Bryan Hill to its corporate benefits business leadership team.

The Financial Services Authority has confirmed it will continue to require disclosure of short selling - but said it will focus on pushing for an international transparency regime rather than establish long-term rules for the UK.

Cap on pension protection fees; Smiths says Bank's plan hit pensions; Third of workers have no pension

German industrial insurer HDI-Gerling has hired Friends Provident to provide a group stakeholder scheme for its UK staff.

There will be an ongoing process of automatic re-enrolment into personal accounts, pensions minister Angela Eagle says.

Jonathan Stapleton takes over as the new editor of Professional Pensions today.

The Actuarial Profession has launched a reformed code of conduct to replace the ‘complex' guidelines previously used.

US - The Securities and Exchange Commission (SEC) Division of Enforcement should ensure its personnel is specialised in specific areas to better tackle future investigations, a report by the SEC's Office of the Inspector General (OIG) said.

UK - The Pension Protection Fund will reduce the cap on its risk-based levy to 0.5% of liabilities.