UK - The National Employment Savings Trust will up its exposure to return-seeking assets through direct investment about five years into its life, its chief investment officer says.

Caroline Instance will step down from her role as chief executive of the Institute and Faculty of Actuaries in February next year.

Diversified growth funds are too correlated to equity markets and do not offer defined contribution investors the diversification they need, an asset manager says.

Employers are entering a period of "fraternalism" with their scheme members, delegates heard.

UK - The government's decision to switch pension indexation to the Consumer Prices Index is "policy on the hoof", the Labour pensions spokeswoman says.

Almost half of delegates said they will look to de-risk their schemes by retaining risk on the balance sheet and manage it using their investment strategy.

The government's decision to switch pension indexation to the Consumer Prices Index is "policy on the hoof", the Labour pensions spokeswoman says.

Shadow pensions minister Rachel Reeves on auto-enrolment

Long promised disclosure regulations covering electronic communication will come into force on 1 December, a lawyer says.

The National Employment Savings Trust will up its exposure to return-seeking assets through direct investment about five years into its life, its chief investment officer says.