News

Capita Hartshead has bought Aspen Actuaries & Pension Consultants for an undisclosed sum only three weeks after taking over Higham Dunnett Shaw.

Detailed fund maturity and asset disclosures in company accounts need to be improved significantly, the Financial Reporting Review Panel says.

F&C Investments' ethical investment fund range is set to allow investment in financial services institutions - including major banks such as HSBC and Barclays - for the first time.

The first-known case accusing a scheme actuary of being held liable for a fund's deficit has been opened by the Faculty of Actuaries.

FRM appoints JPMorgan

French president Nicolas Sarkozy has called for two weeks of talks with unions over reforming "financially unsustainable" special retirement deals for public sector workers.

Pension schemes are making greater efforts to confirm the postcodes of members in a bid to improve the accuracy of valuations, Profund claims.

Schemes are missing out on large US class action settlements because they do not know cases have been heard, Institutional Protection Services claims.

Setting employers free to introduce risk-sharing pension schemes would bridge the gulf between public and private sector provision, the Association of Consulting Actuaries claims.

Fund of hedge funds have a high "birth rate" but only a fraction reach maturity, delegates heard.