Investment

Corporate governance and capital markets need "fundamental reform" in the post-crisis financial reconstruction, PIRC says.

Balanced pooled funds posted a return of -7.9% for the first quarter of the year, latest BNY Mellon Asset Servicing figures reveal.

The Accountancy and Actuarial Discipline Board has launched an investigation into the advice provided to the trustee of the First Quench Pension Fund.

The majority of the UK's largest pension schemes apply environmental, social or corporate governance criteria in the selection of fund managers, a report by campaigning organisation FairPensions reveals.

Default investment strategies lost nearly a quarter of their value during 2008 with an average return of -23%, an exclusive PensionsDCisions poll reveals.

The Pension Protection Fund has hit back at critics predicting the lifeboat fund's "long and lingering death".

HSBC is planning to launch a range of equity funds for defined contribution schemes which aim to protect members from poor market performance.

The design of defined contribution (DC) plans should be improved to include default investment strategies and guarantees, a working paper released by two international bodies says.

European schemes are increasing their allocation to non-traditional asset classes in a bid to manage their risks more effectively, Mercer says.

The Local Authority Pension Fund Forum has tackled a second company with "poor" compensation practices and corporate governance performance.