News

DUNSTAN THOMAS has upgraded its pensions administration package with illustration tools to support protected rights rule changes due to come into force next month.

GlaxoSmithKline has launched a "group ISA" with Standard Life to stand alongside its group personal pension and other savings options.

Lehman Brothers Asset Management is set to launch an alternative asset allocation fund in a bid to help smaller schemes access the investment class.

THE Pension Protection Fund has appointed Oliver Wyman to help it develop a new levy formula.

Savings crisis widens public-private gap; Investors shun equity funds; World markets reel on recession fears; C&W break-up talk raises speculation group could

US - Union members in the US have been warned to keep a vigilant eye on their retirement funds in a new paper released by non-partisan policy research organisation The Hudson Institute.

GERMANY - German lifetime working account (lebensarbeitszeitkonto) schemes will strongly accelerate the pace of the transition from defined benefit (DB) to defined contribution (DC) schemes, much advocated by German companies in a country largely dominated...

The £75bn business comprising of Resolution asset management and Axial Investment Management is to rebrand as Ignis Asset Management.

US - The California State Teachers' Retirement System (CalSTRS) has committed to its first China-specific fund targeting private equity opportunities in the growing Asian economy.

FRANCE - The Caisse des Dépôts et Consignations (CDC), the institution the Sarkozy government plans to transform into a French sovereign wealth fund, has expressed doubts about its own size and ability to compete on a global scale.