News

People approaching retirement age today are in four times as much debt as their counterparts ten years ago, reveals a new study.

IRELAND - Pension funds have been actively reducing their risk exposure after seeing a drop of 1.3% in asset value over 2007, according to the Irish Association of Pension Funds (IAPF).

FSA plans closer City scrutiny; HBOS executives cash in as bank's shares rise by record 15pc; Sainsbury strikes £1.2bn deal with British Land

Watson Wyatt is undertaking research to try to piece together a picture of retirement provision over the next 10 to 15 years.

Presented by Darren Mason...

CANADA - The Ontario Teachers' Pension Plan (OTPP) and Aéroports de Paris (ADP) are to present a joint bid for Prague airport when it is privatised later this year.

HSBC Securities Services and Computershare has launched a voting service to make sure shareholder votes are recorded accurately.

BROWN ADVISORY has opened a London office in a bid to expand its UK and European client base.

NEW ZEALAND - Around 20% of New Zealanders who have enrolled in the KiwiSaver scheme since it was launched last year are under the age of 25, the government has revealed.

EUROPE - Deutsche Bank's exchange traded fund (ETF) subsidiary, db x-trackers, is launching five products offering institutional investors cost efficient tools for non-derivative based shorting.