Investment

Defined contribution schemes could see total assets in excess of £1trn by 2019, a report from Spence Johnson reveals.

UK - A ruling by the UK High Court yesterday has limited the occasions in which employer debts are triggered in a multi-employer scheme.

A ruling by the High Court yesterday has limited the occasions in which employer debts are triggered in a multi-employer scheme.

UK - Alistair Darling's proposals to reform public sector pensions cover up a 45% hike in costs next year, independent pensions consultant Ros Altmann warned.

The Pension Protection Fund took on three more schemes last month resulting in an additional 275 people becoming eligible for compensation from the fund.

The Association of British Insurers is set to tackle the issue of at-retirement apathy with the launch of updated "wake up" packs for savers approaching retirement.

Overall investment manager search activity increased in the UK during the first nine months of the year, Mercer says.

UK - Overall investment manager search activity increased in the UK during the first nine months of the year in a sign activity is returning to pre-credit crunch levels, Mercer said.

Planned gilt sales are set to rise by £5.2bn to £225.1bn during the 2009-10 financial year, the Debt Management Office says.

Dublin-based IFG has agreed to buy Santander's SIPP and wrap arm, James Hay, in a £35m deal.