News

The Pension Protection Fund has appointed a new chief investment officer to oversee its investment portfolio, which is currently worth more than £3bn.

Listed private equity fund of funds SVG Capital has posted a decline in net assets per share of 64.3%, in what the company's chairman Nicholas Ferguson called "the most difficult period in the company's history".

NORWAY - Norway's domestically invested pension fund lost over 25% during 2008 in what it termed an "historically turbulent and challenging year".

US- Matthew Scanlan, former head of the Americas institutional business at Barclays Global Investors, has left the firm to become president and chief executive officer at Renaissance Institutional Management (RIM).

FRANCE - BNP Paribas has backtracked on a statement made Wednesday by Michel Anastassiades, global chief executive of subsidiary FundQuest, about the state of negotiations over the Fortis acquisition.

Schroders has hired actuary Margaret de Valois as a client director in its institutional team.

Here it is - the complete shortlist for this year's UK Pensions Awards.

FINLAND - The Finnish government's decision to increase the minimum age for pensions from 63 to 65 without consulting labour organisations first has sparked anger among unions and workers.

Insurers' shares plunge on Aviva solvency fears; Minister's £100,000 'pension link' to RBS

Aviva has posted an increase of 11% in life and pensions sales, its preliminary 2008 results reveal.