News

Institutional investment is becoming more fragmented as specialist firms from the retail sector are successfully bidding for large mandates, new figures reveal.

Barclays Bank has agreed to boost pensions for staff at a subsidiary who are being transferred to a firm without a final salary scheme.

A year ago, scheme surpluses seemed little more than wishful thinking. In the past few months they have become a distinct possibility. And now they are very much a reality.

PPF unlikely to raise annual levy; Talks fail to resolve Qatari bid for Sainsbury's; Investor casts doubt over Friends' merger with Resolution; Bank signals further rise in interest rates this autumn to tame inflation

Watson Wyatt has taken on Paul Brown as a senior consultant in its flexible benefits team.

GLOBAL - Experts have warned that institutions are likely to lose significant amounts of money as part of the shockwaves from the ongoing problems in the US securitised mortgage debt market.

Chairman Peter Sparshott Director PricewaterhouseCoopers Sparshott has worked for Pricewaterhouse...

NORTH Yorkshire Pension Fund has reappointed Philip Williams as its independent investment adviser.

FRANCE - The new CEO of the Etablissement de Retraite Additionnnelle de la Fonction Publique (ERAFP) has said the fund intends to boost its internal manager expertise.

UK - Despite a dramatic improvement in the fortunes of FTSE 100 pension schemes, a new report has highlighted the fragility of the current investment environment.