News

Regulation will be high on the government's agenda following the credit crisis which hit global markets through-out September and October, Friends Provident says.

Companies must take advantage of heightened interest in defined contribution pensions to improve member engagement, Fidelity International urges.

The John Lewis Partnership has transferred its 29pc share in online supermarket Ocado to its pension fund.

Scheme finances could deteriorate dramatically over the coming months, Standard Life Investments analysis reveals.

Some 94pc of organisations have failed to discuss the issue of personal accounts at a governance, trustee or board meeting, Aon Consulting research reveals.

Friends Provident has lured Evelyn Bourke from Standard Life to work as its chief financial officer.

IRELAND - Public sector pensions now account for almost 10% of the government's total pay and pensions bill, according to the Irish Department of Finance's latest report.

CANADA - The CAN$52bn Ontario Municipal Employees' Retirement System (OMERS) has confirmed it has taken a stake in Texan electricity company Oncor.

US - Taft Hartley funds with assets greater than $1bn have reported the worst one-year median return at -15.45% in a comparison of institutional assets.

Including: MALAYSIA - CAAM opens Malaysia office; GLOBAL - IASB and FASB announce roundtable locations; GERMANY - db x-trackers launches credit market ETFs