News

DONATIONS by Fidelity International to the Conservative Party are "fundamentally wrong" and go against principles of good governance, a Labour activist claims.

Scottish Widows Investment Partnership UK equities investment director David Urch is quitting the firm after almost four years.

AIG Investments is seeking more pension fund clients to help fuel its planned "rapid growth trajectory".

Private sector workers pay nearly as much towards public sector workers' pensions as their own, research by the Liberal Democrats reveals.

RREEF Infrastructure has announced the final close of its pan-European infrastructure fund with total commitments in excess of e2bn (£1.3bn).

Strong institutional sales boosted first-half profits for Schroders' asset management business by 18pc to £353.3m.

Dutch chemical and coatings giant Akzo Nobel negotiated directly with the trustee of the ICI Pension Fund before making an £8bn takeover for the UK firm.

EMPLOYERS are overlooking the viable option of setting up small self-administered schemes because they are being overshadowed by group self-invested personal pensions, a provider claims.

Data from Mercer Investment Consulting's performance analysts will be used to draw up initial shortlists for Professional Pensions' inaugural Specialist and Alternative Investment Manager Awards.

PUBLIC sector union Unison has thrown its weight into a campaign to extend Rule of 85 protection until 2020.