News

Aberdeen Property Investors has predicted European property returns of just 1.9pc in 2008 as a result of declining capital values.

Finland-based Pension Fennia announced its market share in 2007 was up from 10.2pc to 10.6pc, despite a challenging investment market.

Employers should be willing to share some pension risk with employees and members, an industry survey shows.

A conference on prepaid gift cards and vouchers will be held next month to promote them as an employee benefit.

Hewitt Associates has bought New Bridge Street Consultants in a bid to boost its executive compensation practice.

Applications for clearance have remained consistently high but levels of complexity have increased, The Pensions Regulator says.

Legal & General has made a £62m takeover bid for self-invested personal pension provider Suffolk Life.

Current conditions in the buyout market represent an ideal opportunity for sponsors and trustees to reduce their pension liabilities, Hewitt Associates says.

US - Employees of Sovereign Bancorp have brought an action against the firm over alleged breaches of fiduciary responsibility following the sub-prime crisis.

The New Zealand Super­annuation Fund is to sell its Auckland International Airport shares to the Canadian Pension Plan Investment Board.