News

SWEDEN - The government reported a higher than expected deficit of SEK85bn (US$13.2bn) in the central government budget in December while the Premium Pension Authority (PPM) posted disappointing returns.

US - The San Diego County Employees' Retirement Association's (SDCERA) funding policy has been commended by independent actuary Milliman Inc following its financial audit.

CANADA - Longevity rates are set to slow and mainly affect older people in coming years, according to the chief actuary of the Canadian Pension Plan (CPP), Jean-Claude Ménard.

More than 75pc of the UK's major listed property companies have converted to real estate investment trust status in the structure's first year.

The World Gold Council has joined forces with Nanostellar to enable the introduction of gold into the auto catalyst market.

HBOS staff are set to make gains of up to £3900 each after two of the firm's Sharesave plans matured at the beginning of this month.

Modern employment practices can put as much strain on a woman's family relationships as working an extra 120 hours a year, the Economic and Social Research Council suggests.

All benefits and expenses will be included in the payroll for tax purposes if a government proposal is approved.

ETF Securities has reported "explosive growth" in its five physical precious metal exchange traded commodities.

STANDARD & POOR'S has launched a S&P 500 inverse index to give investors a way to measure the performance of a short position in the stock-market barometer.