Investment

SPECIAL contributions to pension schemes have risen for the third year in a row as companies continue to address pension risk, a joint survey by Mercer and the Association of Corporate Treasurers reveals.

Lehman Brothers Asset Management is set to launch an alternative asset allocation fund in a bid to help smaller schemes access the investment class.

THE Pension Protection Fund has appointed Oliver Wyman to help it develop a new levy formula.

The £75bn business comprising of Resolution asset management and Axial Investment Management is to rebrand as Ignis Asset Management.

EMPLOYERS oppose proposed new pension accounting rules despite desire for change, a Watson Wyatt survey finds.

Trustees should establish a policy on cash equivalent transfer values before updated regulations come into force, Wragge & Co says.

The government has published a consultation document which includes draft regulations on the converting guaranteed minimum pension rights.

Graham Pitcher - one of the directors who resigned from independent trustee firm GP Noble last month - runs another pensions company, PP has learned.

The government must start a targeted communication campaign to help small companies cope with personal accounts, the Association of Consulting Actuaries says.

THE Serious Fraud Office has confirmed another residential address has been raided in connection with its ongoing investigation into trustee firm GP Noble.