News

THE Chartered Financial Analyst Institute has launched a code of conduct and guidance to promote ethical behaviour and corporate governance amongst trustees.

UK- Watson Wyatt has announced a retirement, while Lucida and State Street Global Advisors have announced several appointments.

THE growth of bulk buyouts and the introduction of personal accounts could overwhelm the annuity market, an expert warns.

UK - Deborah Fuhr will continue to focus on delta one products including extensive research on ETFs following her shock departure from Morgan Stanley last week.

EUROPE - Mercer has picked up three contracts for pension fund consultancy, administration and provision.

Stuart Rose faces shareholder revolt at M&S annual meeting; Cowdery denied B&B access; Fed sits tight as ECB chief signals rate rise; Barclays' bosses await vindication

US - UBS has agreed to sell its fiduciary business to Wilmington Trust in an all cash agreement.

The vast majority of scheme managers believe trustee training should be compulsory, an exclusive snapshot poll for Professional Pensions shows.

GLOBAL - Pension scheme trustees now have access to a code of conduct designed to promote the highest ethical standards in running schemes, developed by the Chartered Financial Analyst Institute (CFA).

AUSTRALIA - The pension indexation arrangements for Australian government superannuation schemes are to be reviewed.