Fidelity

JLT Employee Benefits has confirmed the appointment of Peter Ball as managing director of the recently formed JLT Investment Solutions.

GLOBAL: UN Joint Staff Pension Fund; Fidelity; SGSS;F&C; Alliance Bernstein; PBGC; BlackRock; Wurts & Associates; Kas Bank

Advisers have welcomed plans to introduce a compulsory code of practice for insurers which is designed to encourage consumers to shop around for an appropriate annuity when they approach retirement.

UK - Fidelity has appointed Paras Anand and Richard Lewis to head up its pan-European and global equities divisions.

US - Boyce Greer, head of institutional investments for Fidelity Asset Management and vice chairman of Pyramis Global Advisors, died on Sunday in a kayaking accident in Idaho.

GLOBAL - Now Europe and the US markets have been put in the ‘too-difficult' basket, managers and allocators have turned attention to Asia, a region some might feel is the world's ‘last man standing'.

Fidelity has launched a service it says will reduce employers' cost bases for auto-enrolment by limiting the affect on their HR, payroll and technology departments.

EUROPE - Investors are flocking to safe haven UK government bonds as they seek shelter from turbulent global markets.

Schroders has hired Tim Horne and James Bourne in a significant expansion of its defined contribution pensions team.

UK - Fidelity International has created a new defined contribution and Workplace Saving Business to be led by Julian Webb as part of a company restructuring exercise.