News

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

EQUINITI Benefit Solutions has selected Aquila to provide it with administration software.

UK - Schroders has appointed BlackRock's ex-head of UK and European business to lead its entire UK property fund portfolio.

CANADA - The high value of the Canadian dollar has again caused problems for pension funds and other institutional investors, according to a report by RBC Dexia Investment Services (RBC DIS).

FRIENDS PROVIDENT is still "fully committed" to a merger with Resolution and has hit out at criticism of it new business operations and strategies.

AUSTRALIA - The superannuation fund, Sunsuper, has celebrated its twentieth year of operations, by welcoming its millionth member and posting a 35% growth in assets fro the 2006-07 financial year.

Employers want rid of pension liabilities; Postal talks falter; Rock borrows extra £3bn from Bank

GLOBAL - Returns for global listed property could be as high as 8-12% over the coming year, according to information released by ING Clarion.

Full details of next year's UK Pensions Awards will be unveiled in two weeks' time but, before then, Professional Pensions wants its readers to help choose the providers that should be vying for the prizes.

CANADA - An employee association has called on the Ontario Expert Commission on Pensions to examine how strictly legislation was being implemented claiming employees were ‘being seriously adversely affected'.