Investment

UK - HM Treasury has trebled its estimate of the one-off costs that pension schemes, employers and individuals will incur as a result of the tax on higher earners' pension contributions it is introducing from 2011, Towers Watson said.

HM Treasury has trebled its estimate of the one-off costs that pension schemes, employers and individuals will incur as a result of the tax on higher earners' pension contributions it is introducing from 2011, Towers Watson says.

UK - Ignis Asset Management is encouraging industry leaders and politicians to debate hybrid schemes.

Ignis Asset Management is encouraging industry leaders and politicians to debate hybrid schemes.

The board of NEST Corporation will be headed up by Lawrence Churchill with Jeannie Drake as deputy chairman.

The line up of trustees who will oversee the National Employment Savings Trust has been confirmed by the government.

JAPAN - Japan's public pension fund, the world's largest, plans to cut the number of money-management firms it uses to simplify operations and adopt new benchmark indexes to reduce market impact and lower trading costs.

If the pensions industry wasn't already aware of the dire state of public confidence in UK savings, the National Association of Pension Funds provided shuddering confirmation.

The expected charging structure for the National Employment Savings Trust has received a mixed reaction.

Helen Morrissey talks to Comet Pension Scheme manager James Arnold about attaining the NAPF Quality Mark