News

INCLUDING - SWITZERLAND - New CEO for Credit Suisse AM, SWEDEN - AP4, FRANCE - BNP Paribas buys IMS

The Association of Consulting Actuaries risk-sharing amendment could be re-introduced into the Pensions Bill by the Lords, delegates heard.

VOLUNTARY pension contributions have almost halved in the past 12 months, latest research from Prudential reveals.

ITALY - The €1.4bn Fondo Pensione per il Personale della Banca di Roma and the €1.3bn Fondo Pensione Gruppo Unicredito Italiano are considering implementing a shared management and investment structure for their defined contribution sections, according...

ROYAL MAIL employees have threatened to take industrial action after voting against changes to its final salary pension scheme.

UK - Charlie Massey is leaving the Pensions Regulator after completing a three year secondment from the Department of Work and Pensions (DWP).

FTSE 100 companies had combined surpluses of £40bn in their pension funds at the end of March on an FRS17 measure, Watson Wyatt estimates.

BNP Paribas Investment Partners has bought Investment Management Selection in a bid to boost its multi-manager business.

CANADA - The C$120bn (US$118bn) Canada Pension Plan Investment Board (CPPIB) has invested US$200m in US-based wind energy firm Noble Environment Power (Noble).

UK - Strike action looked inevitable as workers overwhelmingly voted to reject Royal Mail's pension changes yesterday.