Trustees risk being fleeced by underperforming investment managers after it was revealed management fees jumped 11% last year on the back of improved market conditions, a consultant says.
US - Proposed legislation covering the US swaps market risks causing "severe market disruption" for dealers and pension fund clients, an industry body has warned.
UK defined benefit schemes turned a deficit of £201bn in 2009 into a surplus of £22bn last year, figures reveal.
IMA chief executive Richard Saunders
KPMG has launched a DC solutions practice and appointed pensions partner Gurmukh Hayre to lead the business.
Scottish Widows has expanded its workplace savings platform mymoneyworks with the launch of a corporate ISA.
A fifth of trustees never meet with their administrator and are failing in their duty to monitor scheme data quality, The Pensions Regulator says.
An EU-wide plan to improve the sustainability and equality of pension schemes has been given the green light.
Poor understanding of DC issues is a key problem for members. Chirag Ghelani of Sackers looks at trustees' obligations to help, and what they can do to support informed decisions
It is said the only two certainties in life are death and taxes. Sometimes in investment there are no certainties at all. The herd has a view. It is right, until trends change, when it is often wrong.