Investment

Third-sector multi-employer fund The Pensions Trust has changed its investment strategy across all member schemes in a shift away from quoted equities.

Bad investment selection in the pensions market is still a "significant concern" placing customers at unnecessary risk, the Financial Services Authority warns.

Employers are being warned there are only 90 days left before changes to pensions taxation are implemented on 6 April.

The Barclays UK Retirement Fund has no intention of managing third party money despite launching its own asset management arm, its chief financial officer says.

Pension funds will suffer "significant capital losses" if they continue to invest in sovereign bonds over equities, a leading fund manager says.

Trustees of defined benefit schemes saw an average return of 13% on investments last year due to strong equity performance, according to research.

Trustees of the AT Kearney Pension & Life Assurance Scheme have appointed Gatemore Capital Management to act as its dedicated chief investment officer.

Mn Services has won a £450m fiduciary management mandate from the Delphi defined benefit pension schemes in the UK.

Smaller firms' defined contribution scheme contributions are failing to keep pace with the increasing cost of pensions, Association of Consulting Actuaries research shows.

Thousands of scheme members with small personal pension pots are being "trapped" by poor annuity rates or lack of access to the market, Malcolm McLean says.