News

Watson Wyatt research has highlighted the two-tier approach to outsourcing where the best firms are cutting costs and the worst are increasing them, Xafinity Paymaster says.

ITALY - Watson Wyatt has appointed Fabio Carniol as leader of its Italian benefits team.

Damovo has appointed Zenith Provecta to manage its 100 strong vehicle fleet.

Rebuilding confidence in pensions must remain a priority for 2009, the National Association of Pension Funds urges.

Budget to focus on jobs and growth; Pensions watchdog sounds alert over fraud; Pensions return to active managers

The Pensions Regulator has reminded scheme managers and trustees it will implement sanctions against "unacceptable behaviour".

A move in this week's Budget to scrap higher rate tax relief on pension contributions would be "entirely wrong" and "a direct attack on middle Britain", the Association of British Insurers says.

Lane Clark & Peacock has promoted five of its actuaries and consultants to partner as the business expands.

GLOBAL - European and North American pension schemes are set to increase equity allocations at the expense of fixed income, a survey by bfinance reveals.

ITALY - The €300m (£271m) Previmoda has appointed Société Générale Securities Services as its new global custodian with effect from March 1, 2009, MandateWire reports.