FRANCE- BNP Paribas Investment Partners (BNPP IP) has added two deputy chief executives to its top management line-up.
HBOS has revealed its pension funding position improved by £824m in 2008 - posting a net IAS19 surplus of £477m at the end of the year.
A war of words has erupted between former RBS chief executive Sir Fred Goodwin and city minister Lord Myners after the ex-banker refused to give back some or all of his £650,000 a year pension.
AUSTRALIA- Australian superannuation fund UniSuper has joined ESG Research Australia (ESG RA), an initiative that encourages Australian pensions and fund managers to incorporate environmental, social and governance factors into portfolio construction....
JAPAN- Japan's Government Pensions Investment Fund (GPIF) saw a Y5.7trn (US$58.4bn) decline in assets in the fourth quarter of 2008 on the back of weak equity returns.
UK - Cuts in pension staff will be "key" to a restructuring at Legal & General, the insurer says.
The £1.4bn Royal County of Berkshire Pension Fund has invested £14.5m in an indirect property mandate with Mayfair Capital.
Communisis is set to de-risk up to three-quarters of its scheme liabilities in a programme of buyouts, buy-ins and enhanced transfer offers.
£650,000 pension for former RBS chief Sir Fred Goodwin; Prudential cuts bonuses for 1.3m policyholders; Royal Mail Privatisation could spark biggest rebellion yet; Prudential fund manager M&G steps boldly into corporate lending market;
People returning to work after trauma such as cancer are at a greater risk of developing depression but fear telling their employers, research reveals.