News

WORRIES about the wholesale application of personal accounts raised by the Equal Opportunities Commission have been echoed by Age Concern.

EUROPE - bfinance managing director Thomas Ross has quit the quant driven investment consultancy to join asset management firm William Blair International.

SGAM Alternative Investments has closed its private equity eastern Europe fund at e156m (£105.9m).

JONES Lang LaSalle Corporate Finance, Derwent London and Primary Health Properties have signed up to Reita.org.

ALL companies should qualify for financial help from the government to deal with the £2bn cost of implementing personal accounts, according to the National Association of Pension Funds.

POSTAL workers have voted for strike action over the closure of Royal Mail's pension scheme and its 2.5pc pay offer.

NETHERLANDS - Two Dutch pension portfolios have reportedly admitted they are considering investing in run-down industrial estates in the Netherlands.

LESS THAN 20pc of UK schemes are using a liability-driven investment strategy despite it becoming an industry "buzzword", SEI claims.

ORIGEN is hosting a series of employee benefits breakfast seminars this month.

Complex rules which prevented protected rights benefits being transferred into a self-invested personal pension are being scrapped.