News

UBS suffers biggest Swiss loss

UK - Standard Life has agreed to compensate around 97,000 customers who lost out when its Pension Sterling Fund fell by 4.8% last month.

EUROPE - British Telecom could have to pay the Pension Protection Fund £16.6m (US$23.9m) after its partial exemption from levies was declared illegal by the European Commission.

EUROPE - Style or strategic exchange traded funds (ETFs), offering investors short or leveraged positions, now account for a third of total European ETF turnover, data from Deutsche Bank reveals.

British Telecom could have to pay the Pension Protection Fund £16.6m after its partial exemption from levies was declared illegal by the European Commission.

GLOBAL - More investors than ever before consider corporate policies on climate change when making investment decisions, the Carbon Disclosure Project (CDP) has said.

AUSTRALIA - Barclays Capital has launched an index in a bid to provide a solution for obtaining liquid inflation exposure in markets where access to inflation-linked instruments is illiquid or non-existent.

Natalie Dempster , head of investment North America at World Gold Council, looks at benefits and risks of investing in commodities, using the Missouri State Employees' Retirement System as a case study

CANADA - The vast majority of employer contributions to defined contribution (DC) funds will be the same or higher in 2009 than last year, the Quebec-based Order of Charted Human Resources Councillors (CRHA) has said.

The Pensions Management Institute has announced the successful candidates who achieved the Advanced Diploma in Retirement Provision qualification.