Investment

The recent Association of Consulting Actuaries 2010 Smaller Firms' Pensions Survey found mixed views on the government's radical auto-enrolment reforms. David Robertson reports

Mike Woodall explains why the devil will be in the detail with public sector scheme reform

The Pensions Regulator felt it necessary to issue guidance on asset-backed funding structures and potential breaches of employer related investment rules this week.

The National Employment Savings Trust will up its exposure to return-seeking assets through direct investment about five years into its life, its chief investment officer says.

The pensions industry could be forced to legally disclose their environmental, social and governance policies under proposals put forward by the European Union.

The trustees of the Biffa Pension Scheme have appointed Aon Hewitt to provide investment advice and delegated consulting services.

UK - Investec has agreed to sell Rensburg Fund Management Limited to Franklin Templeton for £45m ($71.5m).

Trustees should delegate investment decisions to fiduciary managers because schemes lack the resources for strong internal governance, consultants say.

The Merseyside Pension Fund has tripled the size of its fund of hedge funds allocation with Pacific Alternative Asset Management Company (PAAMCO) to $75m (£47.1m).

Longevity swaps allow schemes to remove risk without the need to transfer assets and reduce equity positions, delegates heard.