Trustees who breach tough new data protection powers could face fines of up to half a million pounds, lawyers warn.

CHINA - China Investment Corporation, the Chinese sovereign wealth fund, is using exchange traded funds to gain exposure to a diverse range of asset classes, according to a filing with the US Securities and Exchange Commission.

The liability risk-hedging market in the UK surpassed £40bn in 2009, smashing the previous record of £35bn set in 2007, Towers Watson says.

UK - The liability risk-hedging market in the UK surpassed £40bn (US$62.5bn) in 2009, smashing the previous record of £35bn set in 2007, Towers Watson said.

Schemes are increasingly shifting towards active strategies as market rallies pushed down fees in 2009 across most asset classes, latest bfinance research reveals.

The "administrative nightmare" of auto-enrolment into National Employment Savings Trust will divert necessary attention from the scheme's investment strategy, the Pensions Institute warns.

UK - The "administrative nightmare" of auto-enrolment into National Employment Savings Trust will divert necessary attention from the scheme's investment strategy, the Pensions Institute warned.

Employer communications that are segmented to focus on the differing needs of employees help them to understand and appreciate their pension benefits better, Vebnet says.

The Pensions Regulator has urged scheme trustees to review their securities lending practices.

UK - The Pensions Regulator has urged scheme trustees to review their securities lending practices.