Investment

More than 40% of people aged 55 or above intend to opt-out of auto-enrolment after its introduction in 2012, B&CE research shows.

Lawrence Churchill is to leave the Pension Protection Fund to become the first chairman of NEST Corporation.

Member fees will increase if investment guarantees are introduced into workplace defined contribution schemes, MetLife Europe warns

AllianceBernstein has launched a default investment strategy for defined contribution schemes.

Transparency and liquidity risk have overtaken poor performance as the top concerns for institutional investors with hedge fund allocations, research shows.

Control of Freedom SIPP has been given to Mattioli Woods by the scheme's liquidators.

TAIWAN - BNP Paribas Investment Partners will strengthen its asset management presence in Asia with a new joint venture in Taiwan.

Asset managers are staying in the "comfort zone of defined benefit" and are failing to seek business opportunities in defined contribution schemes, Spence Johnson says.

UK - Asset managers are staying in the "comfort zone of defined benefit" and are failing to seek business opportunities in defined contribution schemes, consulting firm Spence Johnson said.

CANADA - The Caisse de dépôt et placement du Québec has partnered with investor Capital régional et coopératif Desjardins (CRCD) to invest a total of C$600m (US$573m) between the two in small and mid-sized businesses (SMBs).