News

The exemption from national insurance contributions of holiday pay paid hrough a third party is to be ended, with the construction industry given five years to phase in the change.

PGGM has appointed Mercer to help it search for a socially responsible emerging market equities manager.

Royal London Group is to buy shares in Investment Funds Direct Group, the holding company behind fund supermarket Fundsdirect and the Ascentric Wrap service.

Schroders has seen institutional outflows of £2.9bn over the last three months as it focuses on higher margin business, its latest trading update says.

Robert Roseman, partner, Spector, Roseman & Kodroff Roseman is one of the founding partners of Spect...

U-turn backed on Telent deal; Strikes and falling profits - but Royal Mail boss gets £1.3m; Lord Falconer ‘plans to sue Brown for bigger pension'; Third-quarter dip at Royal London

The National Association of Pension Funds is set to discuss the T-Charter transition management code of practice at the next meeting of its investment council, PP has learned.

UK - Pension Corporation's take over of Marconi remnant telent continued to falter as the Takeover Panel granted a further extension to the buyout company's consultation period and the option of leaving the deal completely.

UK - Royal Mail Group has blamed its disappointing profits for the 2006-07 year on a £193m (US$401m) rise in pension fund costs.

GLOBAL - A tool to facilitate pension funds' Markets in Financial Instruments Directive (MiFID) compliance has been launched today by BidRoute.