Barclays

After commodities' healthy rebound from the lows of 2008, Lynn Strongin Dodds discusses whether the asset class can go on to regain its pre-credit crunch highs

Closing a defined benefits scheme to future accrual is a simple way of derisking, but as Gill Wadsworth points out, it is far from a problem-free solution and not the only option worth considering

Pension deficits in UK banks and Europe's largest listed companies have been underestimated by €300bn (£268bn) in their last full year reports, AlphaValue research reveals.

UK - Barclays has reported a one-off credit of £371m (US$620.1m) resulting from the closure of its UK final salary pension scheme to existing members.

RUSSIA - Barclays Bank has hired Bob Foresman as managing director to lead its Russian investment management and investment banking business, the bank said today.

GLOBAL - The Canadian Pension Plan Investment Board is part of the investor group acquiring a 65% interest in Skype Technologies from eBay in a US$2bn cash and debt deal.

EUROPE - Pension scheme deficits have significantly increased over the last year and will continue to worsen, according to Barclays Capital.

Barclays UK Pension Fund has appointed Andre Konstantinow as head of manager selection.

UK - Barclays could modify its plans to close its final salary scheme to future accruals in a bid to address the concerns of thousands of workers.

Barclays could modify its plans to close its final salary scheme to future accruals in a bid to address the concerns of thousands of workers.