After a slow start, the corporate wrap has finally taken off in the UK. In light of this progress, the panelists discuss the advantages of such a product for both employers and employees.
Unfunded pension promises made to past and present UK public sector workers now amount to £993bn, Towers Watson calculations reveal.
UK - Unfunded pension promises made to past and present UK public sector workers now amount to £993bn (US$1.5trn), Towers Watson calculations revealed.
Professor Shlomo Benartzi of the University of California is working with AXA on the issue of behavioural finance and its implications for group pensions. Given present stock market volatility, we look at investment-related issues and, in particular,...
Institutional investors flooded into commodities last year as prices soared. Industry experts say the asset class' popularity isn't likely to wane in 2010, as Lynn Strongin Dodds reports
UK - A group of banks and insurance firms have launched an association to promote the development of a liquid traded market in longevity and mortality-related risk.
A group of banks and insurance firms have launched an association to promote the development of a liquid traded market in longevity and mortality-related risk.
AXA Investment Managers has appointed Jon Bailie as global head of distribution.
FRANCE - The Fonds de Réserve pour les Retraites has hired five managers to run a total of around €1.5bn (US$2.1bn) in fixed income mandates.
Mark Rowlands has resigned as AXA head of consultant relations.