Lloyds Banking Group has budgeted more than £1m in costs for implementing auto-enrolment to its 107,000-strong staff.

A traditional risk-to-return investment strategy is most effective in balancing social responsibility with financial goals, Cambridge Associates says.

Most asset managers (84%) consider environmental, social and governance issues as part of their investment process, an Aviva Investors report says.

More than £900m bulk annuity transactions were agreed between July and September 2012, bringing total business to £2.5bn in the year so far.

Nearly three quarters of ethical funds refuse to invest in gambling, while only 11% ban holdings in firms with poor records on child labour, failing to reflect customers' principles, a survey of 20 UK providers found.

Aon Hewitt has appointed Andrew Woolnough as client development director of its flexible benefits team.

Shoosmiths has appointed Paul Carney as partner in its Manchester pensions team.

Local government pension schemes sometimes show "inconsistencies" in their valuations, Bob Holloway, head of the LGPS2 Division at the Department for Communities and Local Government says.

The government will guarantee an additional £40bn to infrastructure projects in order to stimulate growth.

Aegon has announced the creation of two managing director roles aimed at driving growth in its retail and workplace savings markets.