Investment

The management team at The Pensions Advisory Service is to be cut back after a Deloitte review identified corporate governance issues at the body.

Helen Morrissey looks at the formation of the Pensions Income Choice Association and asks how it aims to increase peoples' awareness of their retirement income options

EUROPE - T. Rowe Price has launched its first global fixed income absolute return strategy.

IRELAND - Aer Lingus said it will negotiate with trustees of both its defined benefit schemes to create a defined contribution plan for all its employees as part of a company cost-cutting measure.

The Accountancy and Actuarial Discipline Board has launched a probe into the conduct of an actuary in connection with Equitable Life.

Level annuity rates continue to decline in October as the top two providers slash rates, according to Alexander Forbes Annuity Bureau.

T. Rowe Price has launched its first global fixed income absolute return strategy.

ASIA - Asian institutional investors have been questioning the use of external managers in their US$5trn pots after their internal portfolios largely outperformed those of outside managers over the past year.

GLOBAL - Sponsor defined contribution (DC) retirement plans are widely adopting automatic enrollment together with other automatic features designed to boost employee participation and limit the number of decisions employees need to make, a survey by...

US - The California State Teachers' Retirement System (CalSTRS) is searching for an investment consultant to advise the scheme's investment committee.