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Pension fund results worse for decade

Pension funds posted the worst results for more than a decade in 2001 with returns of —10 per cent, according to performance measurement company WM Company.

A typical fund was down 9.6 per cent in 2001, following losses of 1.3 per cent in 2000.

The consultancy says funds that switched to bonds, which returned around 3 per cent compared with —13 per cent for UK equities, will improve performance.

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Mellon – Mellon Global Equity Portfolio

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Mortgages plc taken over in £40m deal

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Change of chief at Invesco Perpetual

Invesco Perpetual UK chief executive officer Hugh Ward has quit after less than a year in charge of the combined fund management group.Ward, who is leaving for personal reasons, will be replaced by Rob Hain, chief executive officer of the Canadian arm of North American fund giant AIM.AIM, which is owned by Invesco Perpetual&#39s parent […]

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In Focus — May 2015: private medical insurance market in Germany

Welcome to the latest edition of In Focus. In this issue, Jelf examines the private medical insurance market for employers with expatriate workforces in Germany. This includes the common challenges faced in sourcing appropriate coverage, along with a selection of available solutions. This will be of particular interest to HR/reward decision makers with employees based in Germany. It will assess the cultural norms, risks and backdrop that are relevant to organisations with expatriate staff in this location.

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