Concerns are growing that defined contribution (DC) members who opt for income drawdown at retirement might not understand the risks they are exposed to.
Lord Jonathan Hill, Britain's candidate for EU financial services commissioner, appeared to give a give a better performance at a second grilling by MEPs yesterday.
Consultants have been accused of using an "accounting trick" to overstate the performance of alternative investments by about £5.1bn over the past decade across Local Government Pension Schemes (LGPS).
Capital requirements could be reinserted in the proposed Institutional and Occupational Retirement Provisions (IORP) II Directive, warns PensionsEurope.
Asset and fund managers are the least trusted of all financial services firms, according to research.
Members of the University and College Union (UCU) are voting on whether to take industrial action over proposals to change the Universities Superannuation Scheme (USS).
European Central Bank (ECB) president Mario Draghi will push the bank to buy junk-rated Greek and Cypriot bank loans, it has emerged.
European equities provide cheaper investment opportunities with more room for growth than US equities, according to Standard Life Investments.
Politicians globally need to step up on pension reform to create a better savings culture, according to Standard Life Investments' Andrew Milligan and Frances Hudson.