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03

Spreadsheet ISTOCK

UK pension funds post average 4.3% returns in 2011

UK pension funds recorded average returns of 4.3% last year the third consecutive year they have posted a positive return, according to figures published by BNY Mellon yesterday.
Friday 30th March 2012
Open-access content

'Urgent need' for insurance accounting standard

KPMG has urged the International Accounting Standards Board to finalise a new standard for insurance accounting as soon as possible.
Friday 30th March 2012
Open-access content

Airline insurance prices 'likely to remain stable'

Despite historically low levels of airline insurance claims last year, continuing high risk in the industry means prices are likely to remain stable for most airline insurance programmes, according to Aon Risk Solutions.
Friday 30th March 2012
Open-access content
US flag ISTOCK

Record deficit for 100 largest US pension funds

The 100 largest corporate pension schemes in the United States posted a record funding deficit of $326.8bn last year - $94.7bn more than in 2010, according to figures published by Milliman.
Friday 30th March 2012
Open-access content
2

Insurers welcome Supreme Court 'clarity' on asbestos claims

Insurance companies have welcomed the ‘clarity’ provided by yesterday's Supreme Court ruling that the insurer on cover when a claimant is exposed to asbestos is liable to pay compensation if they develop the cancer mesothelioma.
Thursday 29th March 2012
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2

Cole returns to Aon Hewitt

Aon Hewitt has announced the return of Sion Cole to its UK investment consulting practice as a senior member of the team.
Thursday 29th March 2012
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2

UK greenhouse gas emissions fall by 7% in 2011

UK emissions of the six main greenhouse gases fell by 7% between 2010 and 2011, according to figures published by the Department of energy and climate change today.
Thursday 29th March 2012
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2

Investment banks 'must do more to tackle bribery'

Investment banks need to do more to implement effective anti-bribery and corruption systems and controls, the Financial Services Authority said today.
Thursday 29th March 2012
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2

ESG geographic portfolio analysis tool launched

A new service for investors to track and understand environmental, social and governance within their portfolios has been launched by CAMRADATA Analytical Services and Bank of America Merrill Lynch Global Research.
Wednesday 28th March 2012
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2

KPMG 'disappointed' by Omnibus II vote delay

KPMG has said it is ‘extremely disappointed’ by the news that a key European Parliament vote on Omnibus II has been delayed by more than three months.
Wednesday 28th March 2012
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