Industry

Shadow pensions minister Gregg McClymont has questioned what the government's drive for ‘defined ambition' pensions "actually means".

Even with the implementation of a sound and wise code of practice, there is a danger that offers of enhanced transfer values by defined benefit pension schemes to their members are a thing of the past.

The Pensions Regulator's guidance on defined contribution schemes should have been bolder, the industry warns.

The Treasury has brushed off criticism that monetary policy is damaging schemes by claiming quantitative easing has boosted scheme fund values and reduced investment risk.

Trustees must go beyond monthly investment sub-committee meetings and put more decision-making structures in place to improve governance standards, delegates at the Professional Pensions investment conference heard.

Strathclyde Pension Fund has sold its 35% minority interest stake in the Junction Thurrock Unit Trust to Capital & Regional's Junction Fund.

The body responsible for funding UK universities has abdicated its role on the Universities Superannuation Scheme trustee board after nearly 40 years.

Jonathan Stapleton on the approaching need for passive strategies

The National Employment Savings Trust has taken its campaign to make saving popular to the streets of London and Manchester.

The number of schemes reporting fraudulent activity has increased by nearly 60% over the past 12 months, Baker Tilly reports.