News

Construction firm Kier Group has denied it has any plans to sell its pension fund to a specialist third-party firm.

MPC Investors is set to open its discretionary macro hedge fund to external investors.

Using HM Revenue and Customs to collect personal accounts contributions has been ruled out by the government.

The Swiss government is to permit pension fund contributions to be made after retirement age.

Regulation of self-invested personal pensions by the Financial Services Authority has boosted the market, advisors believe.

FIRST STATE Media Group is set to launch its first media and entertainment rights fund - aimed at pension schemes and other institutional investors - by the end of the month.

Prudential M&G has launched a new fund aimed at giving schemes easier access to secured debt.

JPMorgan Asset Management has launched four 130/30 funds targeted at pension schemes and other institutional investors.

Strong governance is "clearly linked" to superior performance among the world's leading institutional investors, research has found.

Telent sale in doubt as Takeover Panel approves bid extension; Bank of England warns investors of slide in shares; Merrill Lynch reveals $7.9bn write down; Standard Life mulls last-minute bid in battle for Resolution