News

NETHERLANDS/ARGENTINA - ING Group confirmed that it was still locked in talks to acquire Origenes AFJP pension fund from the Argentinean arm of Santander and its joint venture partner in the pension business Grupo Bapro.

TRUSTEE guidance from The Pensions Regulator should supplement new draft regulations on pensions transfer values, the Actuarial Profession says.

Underground strike vote

SCHEME trustees must avoid "ticking boxes" when looking at diversification into alternatives, Morgan Stanley Investment Management warns.

INVESTEC Asset Management has boosted its specialist currency management team with the appointment of Richard Benson as a portfolio manager.

The government's open market option review is widely expected to suggest the annuity market would work better if all providers followed a voluntary code.

DEMERGER activity could be constrained by pension scheme problems because splitting funds could leave firms liable to section 75 debt payments, a law firm warns.

Around one employee in five does not take any time out during the day, workplace expert Croner says.

Changes schemes are likely to make to their corporate governance processes over the next five years will be tackled at one-day seminar next month.

US - Many hedge funds have been able to generate profits as a result of the decline in the sub-prime mortgages space, according to Hennessee Group LLC, an adviser to hedge fund investors.