Investment

Pitmans Trustees is the latest organisation to publicly criticise the effectiveness and merit of the default fund in defined contribution pensions.

The re-branding of personal accounts as the National Employment Savings Trust is an important milestone in the process of implementing auto-enrolment and other employer duties from 2012.

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While pension debate has tended to focus on accumulation and investment issues it is refreshing to see increased emphasis on how people can safeguard their income in retirement. Falling savings rates coupled with increasing longevity means many people...

US - President Barack Obama called for the discontinuation of tax cuts for investment fund managers in his first State of the Union address yesterday.

Investors in Australia, the UK and Sweden ranked highest in a new "Environmental Real Estate Index" developed on the back of a global environmental survey commissioned by three large European pension funds.

A group of investors led by Hermes has forced Infineon's designated chairman Klaus Wucherer to promise to step down after only one year instead of five if elected to head the chipmaker's supervisory board.

UK - The longevity swap market could reach £20bn (US$28bn) this year as schemes look towards cheaper DIY options to reduce risk.

The longevity swap market could reach £20bn this year as schemes look towards cheaper DIY options to reduce risk.

Trustees must remain vigilant against sponsor insolvencies as the number of firms going bankrupt often spikes as economies recover, PricewaterhouseCoopers says.