The Bank of England has received mixed reaction to its paper on how pension schemes and insurance firms could contribute to procyclicality by amplifying asset price movements and destabilising the economy.
A think tank has called for Chancellor George Osborne to create a single "Lifetime ISA" by 2017, saying recent changes to ISAs are not enough to spark a savings culture.
Argentina has defaulted on its debt for the second time in 13 years following a breakdown in talks with bondholders, which could impact pension schemes that invest in emerging market debt funds.
The Argentinian default is unlikely to have a material impact on pension scheme fund returns, Towers Watson says.
The Pensions Regulator (TPR) has urged trustees to keep up to date with policy and legal developments by completing newly-created modules in its toolkit for trustees.
Towers Watson has urged clients to consider reducing their exposures to high-quality corporate credit in favour of other assets such as bonds and equities.
Mercer has revamped its investment approach for defined contribution (DC) schemes in response to the government's liberalisation of pensions.
A £5bn issuance of index-linked gilts (ILGs) yesterday was almost three times oversubscribed despite offering the lowest ever real yield for a bond of its type.
The Pensions Regulator's (TPR) updated defined benefit (DB) code of practice comes into force today.