RBC Dexia has been ranked as the best global custodian by UK pension funds and other asset owners, latest R&M Surveys research shows
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STANDARD LIFE has reported a 43pc increase in operating profit before tax to £881m.
GLOBAL - Swiss firm Credit Suisse and two compatriots topped the R&M Global Custody Survey, with RBC Dexia doing well in Europe and Canada.
EUROPE - Deutsche Börse (DB) has announced the launch of longevity and mortality risk indices for use in securitisation products.
CHINA - Generali is to act as an adviser on pension plans for retired employees of state-owned enterprises (SOEs), held by the Chinese Central Government.
UK - UBS has confirmed it is working on a plan to launch a UK fiduciary management service for pension funds.
THE aggregate deficit of the 7800 defined benefit schemes monitored by the Pension Protection Fund increased for the fourth consecutive month in February.