News

Independent financial advisers are being urged to remind clients they will lose tax breaks if they fail to make pension contributions by April 5.

COMPANIES are increasingly bypassing trustees and advisers and hiring their own experts to come up with ways to run pension schemes, Insight Investment says.

CURRENCY overlay managers add value to scheme portfolios, statistics from Mellon Analytical Solutions reveal.

UK - Credit Suisse has announced that Russell Chambers will join the company in June in the newly created London-based post of chief executive officer.

UK - The London Pension Fund Authority (LPFA) has appointed Vanessa James as its new investment director, with effect from 19 March.

COURTIERS Investment Ser-vices has launched three new funds to help small schemes make use of derivatives.

STATE Street has hired Michael Walsh to head its UK, Middle East and African investment servicing business.

US - The California Public Employees' Retirement System (CalPERS) has made the first $100m investment from its Manager Development Program II (MDP II).

TRUSTEES could inadvertently lose a degree of their protected status as investors when new European regulations come into force in November, lawyers warn.

RETIREMENT planning starts earlier in the UK than in any other country, a new report claims.