News

Company schemes face fivefold rise in levies; Michelin to close pension scheme; Hedge fund survey reveals lower gearing; Hargreaves Lansdown float could raise £178m

CANADA: National Bank of Canada (NBC) and BNP Paribas have set up hedge fund managed accounts aimed at pension funds.

PROPERTY adviser GVA Grimley has expanded its flexible benefits package following a review.

BRITISH workers are wrongly branded as low-skilled because training undertaken at work is not recognised, the Confederation of British Industry believes.

Unlisted UK real estate funds are often incorrectly perceived as less transparent than their quoted c...

Open letter to DCLG on new rules

INDIA - The Employee's Provident Fund Organisation (EPFO) announced a 7% increase in assets in the nine months to the end of 2006, totalling R967.7bn (US$23.4bn).

NETHERLANDS - Dutch electronics firm Philips has slammed standard defined contribution (DC) plans for being too complex after revealing plans for a new design.

ALMOST nobody in the UK feels they could live comfortably on the basic state pension, research by Friends Provident has found.

Ministers could increase Financial Assistance Scheme payouts if wind-up members received all the cash promised by chancellor Gordon Brown, trade union Amicus claims.