Investment

Pensions minister Steve Webb has highlighted the need to develop a strong State pension to help people build up a decent level of retirement income. Speaking at the ABI Savings and Protection conference on 13 July the minister outlined his commitment...

The UK should look at the Chilean retirement system's multi-fund structure as it develops the default fund set-up for NEST, Organisation for Economic Co-Operation and Development principal economist Pablo Antolin-Nicolas has said.

Nearly four-fifths of scheme managers have welcomed the government's decision to investigate alternative methods of implementing tax-relief restrictions on pension contributions - including reducing the annual allowance to as little as £30,000

Japanese fund house Chuo Mitsui and Standard Life Investments have partnered to cross-manage funds worth $2.2bn (£1.4bn).

Following recent government announcements on annuity reform the issue of minimum income requirements has caused concern, as Sebastian Cheek reports

US/UK - BNY Mellon Asset Management co-head and vice chairman Jon Little will leave the firm to join hedge fund Kedge Capital, a London-based alternatives firm.

Treasury plans to curb the annual allowance to about £40,000 rather than slash tax relief for high earners have been backed by the industry.

Scottish Life, the pensions division of Royal London, has seen new business increase by 62% to £1.1bn in the six months ending June 30.

The independent panel of experts tasked with assessing the viability of auto-enrolment and NEST has finished a run of seminars with stakeholders.

SWITZERLAND/US - Credit Suisse Group AG has won the dismissal of damage claims by a US pension fund that bought Credit Suisse Global shares on the Swiss Stock Exchange.