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The Department for Work and Pensions (DWP) will call for evidence on quality standards across all defined contribution schemes later this year.
Schemes are delaying de-risking plans and reviewing automatic triggers as sponsors increasingly believe gilt yields will rise in the short term, a senior actuary says.
F&C Investments has expanded its institutional team with two key hires, as the asset manager seeks to grow its institutional business after a significant restructuring under activist investor Edward Bramson.
Legal and General Property (LGP) has agreed to forward fund a £25.7m student accommodation scheme pre-let to the University of the Arts London.