News

PS Independent Trustees has hired Mark Homer as an independent trustee.

Hymans Robertson has appointed John Wright to the newly created post of head of public sector consulting.

Pension investors lose faith in fund managers; RBS finance chief quits as US test lifts banks; Britons rely on inheritance to help fund retirement

The Pension Protection Fund has launched an updated online reporting system for insolvency practitioners.

SWITZERLAND - Pre-tax profit at UBS's asset management division decreased to negative CHF59m (US$52.3m) from positive CHF236m at the end of 2008, according to the Swiss bank 2009 first quarter results.

The Hartford is set to close to new business in the UK in the coming months, the American insurer has announced.

US - Thirty-six attorney general's offices are set to create a multi-state task force to explore pension fund abuse across the country, New York State attorney general Andrew Cuomo has said.

UK - The Pension Protection Fund has launched an updated online reporting system for insolvency practitioners.

Manager search activity is slowing down as investors focus their attention on strategic issues, latest data from Mercer reveals.

UK - Aberdeen Asset Management has reported asset outflows of £13.9bn (US$21bn) in the six months to 31 March.