Investment

Robin Ellison is to officially launch his U Party today as he begins his 2010 election campaign.

Revised learning requirements from The Pensions Regulator have put trustees under "more pressure then ever", Lane Clark & Peacock says.

Affiliated Managers Group and the management team of Artemis Investment Management have bought Artemis from Fortis Bank for an undisclosed sum.

UK/US - Affiliated Managers Group and the management team of Artemis Investment Management have bought Artemis from Fortis Bank for an undisclosed sum.

DWP

US/UK - Target date funds have proved to be the best default option for US defined contribution plans, Harvard college professor David Laibson has claimed.

SWITZERLAND - The funding levels of Swiss pension funds continued to recover in the last three months of 2009 as the stock market rally refused to fizzle, a survey showed.

So, Lawrence Churchill is to leave the Pension Protection Fund to become the first chairman of NEST Corporation, the rather shadowy sounding body that will run the National Employment Savings Trust.

The Pensions Regulator formerly exercised its powers in almost 800 active cases over a period of six months last year.

The "administrative nightmare" of auto-enrolment into National Employment Savings Trust will divert necessary attention from the scheme's investment strategy, the Pensions Institute warns.