News

Royal Mail's plans to set up an employee share ownership scheme have been vetoed by the government.

NOBLE Asset Management has launched a new hedge fund for institutional investors.

FRANCE - IXIS Asset Management Global Associates has appointed Sébastien Masson as head of European sales as part of the companies expanded global distribution effort.

BRAZIL - The World Bank has approved a US$5m loan earmarked for a second wave of improvements to Brazil's Public Sector Pension System (RPPS).

Employers' pension costs are likely to soar when personal accounts come into force, Legal & General claims.

THE Church of England is reviewing its defined benefit pension scheme to make sure it stays open to members of the clergy.

Employers and the government face a massive pension mis-selling scandal if personal accounts fail to deliver attractive returns, an expert warns.

CLOSE Investments has acquired Aon's UK-based multi-manager business.

CURRENT weakness in the commodity markets is unlikely to continue beyond the first quarter, Baring Asset Management believes.

Pressure to save for retirement may force graduates to delay starting a family, a leading independent financial adviser claims.