Investment

The National Employment Savings Trust (NEST) has increased its focus on managing environmental, social and governance (ESG) risks in its portfolio.

Aviva will do more mid-sized bulk annuity deals with companies over the remainder of the year after more than doubling its bulk business.

JPMorgan Asset Management (JPMAM) will rely on its existing fund range to meet demand for post-Budget retirement income offerings for defined contribution (DC).

LCP research finds employers are looking for different ways to plug deficits

A shift towards collective defined contribution (CDC) schemes is "unlikely" as the trend towards defined contribution (DC) plans continues, LCP says.

An increasing number of FTSE100 firms are seeking alternatives to straight cash funding, with 38 FTSE100 companies disclosing some form of security arrangements in their 2013 accounts, LCP research finds.

If all the FTSE100 companies still using the RPI inflation measure in their pension schemes were to move to using RPIJ, the combined pension deficit could fall by up to £20bn, LCP says.

The funding level of FTSE350 pension schemes tumbled to a four-year low of 83% after deficits grew by £4bn last month.

Proposals to restrict the use of dealing commissions to pay for investment research have been rebuffed by the Investment Management Association (IMA).

BBA Aviation has introduced an asset-backed funding scheme to replace deficit contributions to its UK defined benefit (DB) scheme, following the firm's sale of a subsidiary.