News

TOTAL funds under management at Schroders rose 5pc in 2006 despite the loss of more than £17bn of institutional assets, the company's preliminary results reveal.

UNILEVER UK is to close its £5bn final salary scheme to new employers and set up a hybrid fund in its place.

UK - Unilever is to close it's final salary pension scheme to new employees in the UK.

Publishing group Reed Elsevier is retaining its defined benefit pension plan but new employees face a three-year vesting period before they can join it.

GLOBAL -Experts predict more volatility in Asia after China's spectacular nosedive earlier this week pushed up UK pension deficits by £11bn.

The first shortlists for this year's UK Pensions Awards have now been drawn up by the judging panels.

ROYAL Bank of Scotland cut the deficit in its final salary pension scheme by almost £2bn in 2006, the group's full year results reveal.

CANADA/US - The CPP Investment Board has invested US$300m in a joint property venture with TIAA-CREF Asset Management and a further $200m in direct real estate investments.

Private equity could be forced to boost transparency; Investment groups in plee to small investors to avoid panic sell-off

CANADA/US - The CPP Investment Board has invested US$300m in a joint property venture with TIAA-CREF Asset Management and a further $200m in direct real estate investments.