News

Siemens staff will not receive a payout from the employee profit share scheme this year after the company failed to overachieve on its performance targets.

INCLUDING: UK - Hermes announces chief executive; UK - ABN AMRO launches Eco-Invest; UK - MetLife identifies pension gap

The sharp fall in clearance applications to The Pensions Regulator suggests firms are too complacent about scheme risks, Trustee GAAPS claims.

ETF Securities has launched four new exchange-traded commodities on the London Stock Exchange offering investors access to commodity future prices.

Union members have protested that pension benefits will be cut at companies sold off by John Lewis Partnership.

UK - SEI has announced the launch of its PensionConnect platform in the UK.

Asset management firms are expected to spend £1.6bn on technological developments over the next five years to manage risk, Datamonitor claims.

Mercer has launched an occupational scheme that allows members to divide combined employer and employee contributions between their pension and a general savings plan.

The Financial Reporting Council has proposed two amendments to the combined code on corporate governance following a review.

Northern Trust Global Investments has launched a global emerging markets index fund in response to increasing demand from institutional investors.