FAILURE to promote the open market option is costing pensioners around £1.4bn a year and leaving advisers and insurers exposed to mis-selling claims, Rockingham Retirement warns.
Pension funds continued to diversify into direct hedge funds and direct private equity, but are allocating significantly less to real estate, Watson Wyatt says.
BALANCED pooled funds achieved a median return of -6.0% in January 2009, CAPS pooled pension fund performance results from BNY Mellon Asset Servicing reveal.
A FAILURE in corporate governance lies at the heart of the banking crisis, F&C Investments says.
The economic crisis has put defined contribution schemes under extreme scrutiny but they will emerge in better shape than before the downturn, Watson Wyatt says.
STANDARD LIFE has defended its decision to guarantee annuity quotes on its internal policies for just one day.
LOCAL authority pension funds have may be approached as possible sources of capital to rebuild and renovate school buildings, Partnership for Schools (PfS) has confirmed.
Tony Barnard discusses the difficulties of converting guaranteed minimum pensions into scheme benefits
In the second of our series of fortnightly interviews with scheme managers, JENNA TOWLER talks to Electricity Supply Pension Scheme chief executive RICHARD BARLOW about the role of trustees in the credit crunch and the detrimental effect of regulation...
Companies with a proactive communications strategy will be better placed to minimise possible member distress over defined contribution asset falls, Fidelity says.