News

MOROCCO - Citi Markets & Banking is now providing direct custody and clearing services to clients in Morocco, bringing its network to 50 markets.

BRITISH men could live up to12 years longer than expected, a new model for forecasting mortality analysis reveals

STAFF at BAA's seven airports are set to vote on strike action in protest at planned pension cuts.

US - The Supreme Court is set to hear a case today which could potentially shake-up pension protection law.

The latest jobs in the pensions industry can now be seen online at www.professionalpensionsjobs.com .

CANADA - The Alberta government has agreed to fund C$6.4bn in liabilities in the Teachers' Pension Plan, removing the burden from taxpayers.

EUROPE - Pension funds already committed to alternatives consider the asset class mainstream, but those not yet invested there have little interest, according to data from JPMorgan Asset Management.

INSTITUTIONAL investors across Europe are planning to invest around €103.6bn (£67.4bn) in alternative asset classes over the next four years, claims JPMorgan Asset Management.

UK - The Merchant Navy Officers' Pension Fund (MNOPF) has appointed PIRC to provide global shareholder voting recommendations and execution.

SKANDINAVISKA ENSKILDA BANKEN (SEB) is set to buy Key Asset Management for an undisclosed sum.