TD Waterhouse is introducing a free service that allows customers to track current gains and losses , in order to manage the tax implications of their securities investments easily and efficiently. The service was developed jointly by TD Waterhouse and
Mercer Human Resource Consulting has been appointed to provide actuarial and investment consulting services for the Emap pension plans. Emap has a defined contribution plan with more than 5,000 members and a closed defined benefit pension plan with over 1,600
Almost alone among banks and particularly banks with a large exposure to the investment banking business UBS had a good first quarter. Net profits of CHF 1,214 million might be 11 per cent on the same period a year ago,
The Investment Company Institute, the industry association for the US mutual fund industry, today urged Congress to enact the investment advice legislation and other retirement security reforms in the Pension Security Act of 2003 (H.R. 1000). "Congress has a unique
Citigroup Global Transaction Services says it has completed the installation of a new securities trade processing, movement and control system for its custody operations in twelve countries. The new system replaces PC based applications in the Czech Republic, Egypt, Greece,
The UK employers' trade association, the Confederation of British Industry (CBI) today urged the UK government to embark on a multi million pound drive to help small firms offer pensions, with the aim of boosting retirement savings for the millions
Devonport Royal Dockyard Pension Scheme has appointed HSBC Global Investor Services to benchmark the scheme's costs using its transaction cost measurement service (TCMS). TCMS, which was developed and launched last year in conjunction with GSCS Limited, measures individual fund managers'
Societe Generale (SG) has secured a massive enlargement of its custody mandate from Generali Group. The French bank will now service additional insurance and mutual fund portfolios in France previously serviced by ABN Amro owned NSMD worth a total of
Following a tender process, Mercer Investment Consulting has been appointed by the Fonds de Reserve pour les Retraites (FRR) to assist with selecting investment fund managers. The FRR (French Reserve State Fund) is designed to provide future support for the
Optima Fund Management has launched the Optima Absolute Return Fund Limited with investor seed capital of $10 million. The multi strategy fund of funds has started trading with thirteen managers using seven different strategies, including global macro, fixed income relative