News

US - Pioneer Investments has appointed John F O'Connor as head of US Institutional.

BOARD for Actuarial Standards chairman Paul Seymour has had his position approved by the non-executive directors of the Financial Reporting Council.

GISSINGS Consultancy Services has changed its logo and colour scheme in a bid to freshen up its brand.

EMI pension trustees call in regulator as talks break down; Hopes rise of end to Grangemouth dispute; Aviva abandons Norwich Union brand; Friends blooming after Flowers' bid is picked off

SOUTH AMERICA - BBVA reported mixed results for the first quarter of 2007 with profits and losses in its regional pensions businesses.

THE Pension Protection Fund has published its plans for the next three years.

INSTITUTIONAL sales saw total outflows of around £27.4m in March, latest figures from the Investment Management Association show.

UK - The EMI pension fund trustees have asked the Pensions Regulator (TPR) to step in and help with talks with its owners, Terra Firma amid suspicions it is looking to buyout the fund.

INCREASES in life expectancy could undermine the financial viability of defined benefit pension schemes, a Chartered Institute of Management Accountants report warns.

UK - The Pension Protection Fund (PPF) has published its management plan for the next three years, including consultation of the levy and introducing new technology.