Deutsche Bank

GLOBAL - Well over two-thirds of respondents said they have not considered insuring their longevity risk.

A third of multi-national companies operating in Europe are set to implement pan-European pension arrangements by 2015, Hewitt Associates forecasts.

EUROPE - A third of multi-national companies operating in Europe are set to implement pan-European pension arrangements by 2015, Hewitt Associates has forecast.

UK - The BMW UK Operations Pension Scheme has insured £3bn (US$4.6bn) of its liabilities with Deutsche Bank subsidiary Abbey Life.

The BMW UK Operations Pension Scheme has insured £3bn of its liabilities with Deutsche Bank subsidiary Abbey Life.

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.

GLOBAL - Pension funds could be neglecting their fiduciary responsibilities by ignoring the growing opportunities in climate change-related sectors, an investment bank suggested.

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.

GERMANY - Deutsche Bank has set up a pension asset-pooling vehicle in Luxembourg aimed at its employees' pension assets and at other companies' funds.