Industry

BlackRock has become the latest in a line of providers and asset managers to launch a master trust before auto-enrolment.

The code of conduct on enhanced transfer value exercises and pension increase exchanges has thrown into question the degree of responsibility trustees have in ensuring members are treated fairly.

Institutional investors are increasingly incorporating the UK Stewardship Code into overall investment approaches, the Investment Management Association has found.

The number of people in the UK working beyond state pension age has almost doubled over the last 20 years according to figures released by the Office for National Statistics.

UK defined benefit schemes have hit a funding low after combined deficits increased nearly £100bn last month to hit £312bn, statistics show.

The Treasury is under so much pressure it should consider becoming funded directly by the financial services industry, former cabinet secretary Gus O'Donnell has said.

The Association of British Insurers has downplayed the impact of charges on pension pots, pointing instead to the importance of increasing contributions and saving earlier.

Alliance Trust Savings has sold its small self-administered scheme business to Xafinity's specialist arm, Hazell Carr SSAS.

Extending working lives and promoting private pensions are essential in making pension systems sustainable and adequate according to the OECD.

The average women currently retires on more than £5,500 less than the average man, according to a report released today.