News

AON Consulting is to hold a series of seminars focussed on the Pension Protection Fund levy.

INCLUDING: INDIA - Ripe for global pension funds, CANADA - BCE debt rating ‘junk',GERMANY - Commerzbank confirms sell-off

UK - A spokesman for former Marconi division, telent, has claimed former buyout proposals were too expensive, after today's bid by Pension Corporation for the company's shares.

Royal Mail faces strike ballot over pensions; Qataris in Sainsbury pension fund talks; Crisis in the markets hits the Treasury as business taxes slump; MPs call on Northern Rock to scrap £60m dividend payout

US - State Street Corporation has closed its defined benefit (DB) scheme to new members and will instead bolster contributions under the company's 401(k) scheme.

The Scottish National Party has accused prime minister Gordon Brown of "simply spinning" over pension change during his speech at the Labour Party conference.

LYXOR Asset Management has teamed up with the London and Tokyo stock exchanges to launch an exchange traded fund tracking the Japanese TOPIX index.

INCLUDING: GLOBAL - SEC and FSA at hedge fund debate, UK - Millennium Global Investments appoints new MD, UK - New staff at Fidelity

US - Pension funds still do not publish sufficient information to investors about cash funding requirements, according to a report by credit ratings agency Fitch.

CAPITA Hartshead has bought Aspen Actuaries & Pension Consultants for an undisclosed sum only three weeks after taking over Higham Dunnett Shaw.